GLC has backed off, page-31

They further state later:
"Third, the termination of this major asset restructuring decision-making process

the Company held the first session of the 10th meeting of the Board September 13, 2016, considered and adopted the "on the termination of a major asset reorganization and transfer of stock recovery bill," the company decided to terminate planning of this major asset reorganization, and to the National SME share transfer system in accordance with the relevant provisions of the proposed stock transfer application recovery."

All they are terminating is their own major asset restructuring........ Absolutely nothing to see here unless you hold shares in GLC..