Zhangzidao to Welcome a New Main Shareholder After Share Auction
Recently 0.11-billion shares of Zhangzidao have been auctioned off at 0.343 billion yuan, according to Xdkb.net. If the transaction is completed successfully, the company is going to have Dalian Salt Chemical Group (DSCG) as its new and largest shareholder. Shortly after the news, its share price increased by its daily limit to 4.58 yuan per share on March 28.
The stock market seems confident about Zhangzidao’s prospect after this shareholder replacement, but this kind of optimism is not that common...
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