Qinshang Optoelectronics disclosed on August 29 that the company's shares were suspended from trading on August 31, 2015.
On September 8, 2015, the company held the 12th meeting of the third board of directors to deliberate and approve the “Proposal on Planning Major Asset Restructuring Mattersâ€. The board of directors of the company clearly agreed to the company to plan this major asset restructuring.
During the suspension period, the company is actively promoting the various tasks involved in this major asset restructuring. According to the relevant regulations of the Shenzhen Stock Exchange, the company's stock will continue to be suspended and will progress as disclosed on every five trading days.
After the relevant work is completed, the company will convene the board of directors to review the relevant proposals, promptly announce and resume trading.
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