Core Viewpoint - Yulong Co., Ltd. has voluntarily decided to terminate its stock listing on the Shanghai Stock Exchange, with the delisting date set for May 27, 2025 [1][6][8]. Group 1: Delisting Announcement - On May 20, 2025, Yulong Co., Ltd. received a decision from the Shanghai Stock Exchange regarding the termination of its stock listing [1][6]. - The company will transition to the National Equities Exchange and Quotations (NEEQ) for continued trading after delisting [8]. Group 2: Voluntary Delisting Process - Yulong Co., Ltd. opted for a voluntary delisting rather than a forced one, following a resolution passed at the second extraordinary general meeting of shareholders on April 7, 2025 [7][11]. - The company submitted its application to withdraw from trading on the Shanghai Stock Exchange on April 25, 2025, in accordance with relevant regulations [7]. Group 3: Cash Option for Shareholders - The company has provided a cash option for shareholders, with an exercise price set at 13.20 yuan per share [9]. - During the cash option declaration period, approximately 31,439 securities accounts submitted applications, totaling around 449 million shares [9].
601028,主动退市!下周二摘牌