Core Viewpoint - *ST炼石 is implementing a capital reserve conversion to increase its share capital, following a court-approved restructuring plan, which will significantly alter its total share capital structure [1] Group 1: Capital Increase Details - The company will suspend trading for one day on November 27 and resume on November 28 [1] - The total current share capital is approximately 873 million shares, and the conversion will be at a ratio of 5.99 shares for every 10 shares held, resulting in an increase of about 523 million shares [1] - Post-conversion, the total share capital will rise to approximately 1.396 billion shares [1] Group 2: Market Performance - On November 26, *ST炼石's stock closed at 8.52 yuan per share, with a total market capitalization of 7.439 billion yuan [1]
*ST炼石11月27日停牌一天