1MC 3.33% 2.9¢ morella corporation limited

Ann: Trading Halt, page-58

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,080 Posts.
    lightbulb Created with Sketch. 139

    http://data.eastmoney.com/notices/detail/300116/AN201811061237104820,JUU1JTlEJTlBJUU3JTkxJTlFJUU2JUIyJTgzJUU4JTgzJUJE.html


    Google trans snippets from latest JRO anns.

    Also contained the usual yadayada disclaimers that i didn't put in.

    Could all be relateable to the Halt

    Would be good to have @noexam run over it.


    Xi'an Jianruili Tongxin Energy Technology Co., Ltd. (hereinafter referred to as “Jianruilitong”), a wholly-owned subsidiary of the company, has cooperated with Nanjing Liteng New Energy Technology Co., Ltd., Beijing Zhongyuxing Investment Management Center (limited partnership), Suzhou An Power Supply Co., Ltd., Tianjin Jinping Technology Development Co., Ltd. (hereinafter referred to as "Jinping Technology") and Mr. Zheng Xiangyang signed the "Shaanxi Litong No.1 New Energy Partnership (Limited Partnership) Partnership Agreement" (hereinafter referred to as "" Limited Partnership Agreement"), intends to co-sponsor the establishment of Shaanxi Litong No.1 New Energy Limited Partnership (tentatively, subject to industrial and commercial registration) (hereinafter referred to as "limited partnership"), the general partner of the limited partnership (GP) ) Jian Ruili Tong, Limited Partner (LP) is the above partner.


    At the same time, according to the agreement of the limited partnership agreement, the limited partner Jinping Technology or its designated third party intends to participate in the company's assets and debt restructuring matters as a strategic investor, including but not limited to major asset restructuring, bankruptcy. Reorganization, asset replacement, equity transfer, asset divestiture, etc., until they become shareholders of the company. As of the date of this announcement, the company has not signed a formal cooperation agreement with Jinping Technology or its designated third party.


    Founded in Tianjin in 2003, the company's main business is the development, design, manufacture and sale of serialized lithium-ion batteries, polymer lithium-ion batteries and consumer electronics products. The customer is a mainstream brand product provider represented by Samsung Electronics. Two billion products have been sold in the global market.


    The cooperation between the company and Tianjin Jinping Technology Development Co., Ltd., one of the above-mentioned partners, is helping the company to actively carry out self-rescue and resume production. At the same time, Jinping Technology has close cooperation with some excellent international power battery companies and has certain international industry. Advanced production and manufacturing resources, so it is also committed to the introduction of international funds and advanced battery manufacturing technology, technical transformation and upgrading of the company, Waterma's existing battery technologyLevel, re-enter the mainstream manufacturers of power batteries as soon as possible, thus playing a more positive role for the company's future business development.


 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.