Why did Oriental Silver Star become a Geng Xing stock?

Why did Oriental Silver Star change into Geng Xing shares?

Oriental Silver Star Investment Co., Ltd. is a company registered in Chinese mainland, mainly engaged in investment and asset management. Geng Xing (Geng Xing) is another listed company in Chinese mainland, and its business scope includes new materials, new energy, electronic information and other fields.

Oriental Silver Star should be changed into Geng Xing shares mainly for the following reasons:

1. Business transformation: Oriental Silver Star may hope to realize business transformation and enter high-tech fields with more development potential, such as new materials, new energy, electronic information, etc.

2. Improve the company's value: The changed Geng Xing shares may be endowed with higher market value and investment prospects, thus improving the overall value of the company.

3. Optimize the capital structure: By changing it into Geng Xing shares, Oriental Silver Star may have the opportunity to optimize the capital structure and improve the company's operating efficiency and profitability.

4. Adapt to market changes: With the change of market environment and the intensification of competition, Oriental Silver Star may think that changing to Geng Xing shares will help to better cope with market challenges and improve the company's competitiveness.

It should be noted that the specific reasons and details of the change of Oriental Silver Star into Geng Xing shares are subject to the official announcement of the company and relevant laws and regulations.