Shanghai, China – Aeolus Tyre Co., Ltd is planning "major assets reorganisation" and will continue the suspension of its stocks on the Shanghai Stock Exchange for no more than 30 days, the company announced on 6 Jan.
In an earlier announcement dated 25 Dec 2015, Aeolus said it was “examining certain relevant issues,” and that its stocks would be suspended until such examination is completed and results are disclosed.
The measure, it added, was “to ensure fair disclosure of information, to protect investors’ interests and to avoid abnormal stock price fluctuations.”
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