Last night, the reorganization of the Red Sun issued a twists announced that the first Pesticide Group Co., Ltd. in Nanjing issued shares to purchase assets of the major asset restructuring program has been reported to the SFC, and in accordance with the requirements of the SFC, the SFC has submitted relevant response materials. In this good news, before the Red Sun yesterday, the tail plate was the pull of unknown funds, counter the city seal on the trading board. The announcement of good news for the response is unusually abrupt for most investors. According to the latest restructuring plan released last year, the Red Sun shares are proposed to issue 224 million shares to the South Agricultural group, acquiring its own Nanjing biochemical 100% stake, Anhui Biochemical 100% Equity and 100% Equity in the Red Sun international trade. After the completion of the deal, the current holding shareholder Red Sun Group holding the share of the company will be reduced to 15.83%, while the South group will hold 44.49% of the company, become the largest shareholder. Due to the major reorganization of the subject matter, the Red sun in the two-tier market has attracted the attention of all parties. According to the 2009 Annual report and this year's quarterly bulletin, KA Real theme selection, fund Tian Hua, yinhua quality growth are eating millions of shares, Jia Real theme selection is to increase to 12.61 million shares. In the audit, the programme was approved by the Board of directors and the shareholders ' meeting. Prior to this, the company's asset restructuring program has been approved by the Sasac of Jiangsu Province, and the Ministry of Environmental Protection has agreed to the company through the listing of environmental verification. All this was a barrier to the Red Sun asset reorganization, but on May 12 the company suddenly announced that, as the material preparation has not yet been completed, the CSRC has applied for the deadline for the submission of written reply materials. Because according to the regulations, the Red Sun should receive the "China Securities Regulatory Commission Administrative License Project Review of a feedback notice" 30 working days after the written reply to the Chinese Securities Regulatory Commission. After the extension of the 13 trading days, the company suddenly announced that the written reply to the material submitted to the SFC, and some "foresight" of the money yesterday, suddenly the end of the force, will be sealed on the trading board. From yesterday's trading volume, yesterday's turnover rate reached 3.57%, a year to the highest turnover rate in a single day.
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