news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

China Economic Net, Beijing, August 11th. The Beijing Stock Exchange website announced on August 9th the decision to terminate the review of the public issuance of shares and listing of Dongyue Machinery Co., Ltd. (hereinafter referred to as "Dongyue Machinery") on the Beijing Stock Exchange.

On September 28, 2023, the Beijing Stock Exchange accepted the relevant application documents for public offering submitted by Dongyue Machinery and reviewed them in accordance with the regulations. On June 28, 2024, Dongyue Machinery submitted to the Beijing Stock Exchange the "Application Report of Dongyue Machinery Co., Ltd. on Withdrawal of Application Documents for Public Offering of Shares to Unspecified Qualified Investors and Listing on the Beijing Stock Exchange". In accordance with the relevant provisions of Article 55 of the "Beijing Stock Exchange's Rules for Review of Public Offering of Shares to Unspecified Qualified Investors and Listing", the Beijing Stock Exchange decided to terminate the review of Dongyue Machinery's public offering of shares and listing on the Beijing Stock Exchange.

The company is a manufacturer of automated complete sets of building materials production equipment, mainly engaged in the research and development, design, production and sales of autoclaved aerated concrete equipment, unburned brick production equipment and supporting equipment. The company currently mainly provides automated complete production line solutions and comprehensive services for energy-saving and environmentally friendly building materials companies that produce aerated concrete blocks/boards and unburned bricks.

As of the date of signing of the prospectus, the company's controlling shareholders and actual controllers are Sun Chunyi, Liu Chunxia and their children Sun Jingwei and Sun Jinghui. Sun Chunyi directly holds 50,000,000 shares of the company, accounting for 23.79% of the company's total share capital; Liu Chunxia directly holds 28,275,500 shares of the company, accounting for 13.45% of the company's total share capital; Sun Jingwei is the son of Sun Chunyi and Liu Chunxia, ​​directly holds 41,263,500 shares of the company, accounting for 19.64% of the company's total share capital, and currently serves as the chairman and general manager of Dongyue Machinery; Sun Jinghui is the daughter of Sun Chunyi and Liu Chunxia, ​​directly holds 14,715,000 shares of the company, accounting for 7.00% of the company's total share capital, and currently serves as a director of the company. The total shareholdings of Sun Chunyi, Liu Chunxia, ​​Sun Jingwei and Sun Jinghui account for 63.88% of the company's total share capital.