💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
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📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
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🥇 1st
Wanxiang Qianchao: Announcement on Progress of Major Asset Restructuring
On February 7, Jinshi Data announced that the major asset restructuring is in progress. The company plans to purchase 100% equity of Wanxiang America Corp. through the issuance of shares and cash payment, and raise matching funds from no more than 35 specific investors through the issuance of shares. This transaction constitutes a related party transaction and is expected to constitute a major asset restructuring. Currently, due diligence, audit, evaluation, and other work are underway, and the transaction plan is under further negotiation and has not yet signed a formal transaction document. The company will strictly fulfill its disclosure obligations based on the progress of relevant affairs, please follow the subsequent announcements.