GPRO Titanium terminates major asset restructuring plan

GPRO Titanium Industry Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright announced that, given recent market changes and the high level of uncertainty in pushing forward with its restructuring, the company has decided to terminate its plan for asset swaps, share issuance, cash payments for asset acquisitions, and related fundraising transactions.

According to earlier disclosures, the company had planned to swap certain assets and all liabilities of its subsidiaries, namely Nanjing Titanium Dioxide Chemical Co., Ltd.Asian Metal Copyright It also intended to acquire the remaining 9% stake in Lide Oriental from Nanjing Hengyu Taihe Investment Partnership Enterprise through a combination of share issuance and cash, along with raising supporting funds.Asian Metal Copyright, Xuzhou Titanium Dioxide Chemical Co.Asian Metal CopyrightGPRO Titanium Industry Co.Asian Metal Copyright, Ltd.Asian Metal Copyright It also intended to acquire the remaining 9% stake in Lide Oriental from Nanjing Hengyu Taihe Investment Partnership Enterprise through a combination of share issuance and cash, along with raising supporting funds.Asian Metal Copyright, and Nanjing Jinpu Supply Chain Management Co.Asian Metal Copyright announced that, given recent market changes and the high level of uncertainty in pushing forward with its restructuring, the company has decided to terminate its plan for asset swaps, share issuance, cash payments for asset acquisitions, and related fundraising transactions.Asian Metal Copyright, Ltd.Asian Metal Copyright, for an equivalent portion of the 91% stake in Nanjing Orientleader Technology Co.Asian Metal Copyright, for an equivalent portion of the 91% stake in Nanjing Orientleader Technology Co.Asian Metal Copyright, Xuzhou Titanium Dioxide Chemical Co.Asian Metal Copyright, Ltd.Asian Metal Copyright announced that, given recent market changes and the high level of uncertainty in pushing forward with its restructuring, the company has decided to terminate its plan for asset swaps, share issuance, cash payments for asset acquisitions, and related fundraising transactions.Asian Metal Copyright held by Nanjing Jinpu Dongyu Investment Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal CopyrightGPRO Titanium Industry Co.Asian Metal Copyright It also intended to acquire the remaining 9% stake in Lide Oriental from Nanjing Hengyu Taihe Investment Partnership Enterprise through a combination of share issuance and cash, along with raising supporting funds.Asian Metal Copyright, Ltd.Asian Metal Copyright The restructuring would have marked Jinpu Titanium's strategic exit from the titanium dioxide sector and a shift of its core business to rubber products.

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