Shanghai Xiaonanguo (03666) terminates share capital restructuring and continues with proposed change of company name

According to the Zhitong Finance App, Shanghai Xiaonanguo (03666) issued an announcement that the share capital restructuring will not be carried out. The anticipated schedule of trading arrangements relating to the share capital restructuring contained in the announcement will not take effect.

The termination of the share capital restructuring was due to the Board's belief that the relevant action would not be taken until the shares resumed trading on the Stock Exchange, and that the timing was more appropriate.

Despite the termination of the share capital restructuring, the proposed change in the company name and the proposed change in the stock abbreviation will continue. The conditions, reasons and effects of the proposed change of company name as disclosed in the announcement remain unchanged.