Hangzhou Silan Microelectronics Co., Ltd. (hereinafter referred to as “Company†or “Companyâ€) issued an announcement on the evening of the 11th. The company plans to plan a major event involving the purchase of assets, which may constitute a major asset restructuring. In view of the significant uncertainty of the matter, in order to ensure fair information disclosure, safeguard the interests of investors, and avoid abnormal fluctuations in the company's stock price, the company's stock has been suspended since May 12, 2017.
The company will actively discuss and promote the related matters of major assets purchase in accordance with the "Shanghai Stock Exchange Listing Rules" and the "Guidelines for the Listing of Major Events on the Listing of Shanghai Stock Exchange", and will suspend trading in stocks. Apply for resumption of trading and announcement within 5 trading days from the date of the transaction (including the date of suspension).
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