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An update from Shandong Fengxiang Co., Ltd. Class H ( (HK:9977) ) is now available.
Shandong Fengxiang Co., Ltd. announced the successful implementation of a merger by absorption with Jingyu Enterprise Development (Shandong) Co., Ltd., resulting in the privatisation of the company. This merger has led to the voluntary withdrawal of Shandong Fengxiang’s H Shares from the Hong Kong Stock Exchange, effective from July 31, 2025. The company has also outlined the payment process for the cancellation price to shareholders, with specific administrative procedures required for domestic shareholders under PRC laws. This strategic move may impact the company’s market positioning and shareholder value, as it transitions from a publicly traded entity to a private one.
More about Shandong Fengxiang Co., Ltd. Class H
Shandong Fengxiang Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates within the food industry, primarily focusing on the production and distribution of poultry products. The company is listed on the Hong Kong Stock Exchange under the stock code 9977.
Average Trading Volume: 301,678
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.15B
Learn more about 9977 stock on TipRanks’ Stock Analysis page.