Why did Zhongneng Electric suspend trading?

The reasons for the suspension of Zhongneng Electric are as follows. According to relevant public information, Zhongneng Electric Co., Ltd. is planning a major asset restructuring. In order to protect the interests of investors and avoid significant impact on the company's share price, according to the relevant regulations of Shenzhen Stock Exchange, the company's securities have been suspended since the market opened on May 5, 2006. Zhongneng Electric Co., Ltd. was established on 1999 and listed on the Shenzhen Stock Exchange on March 20th10. It is the first GEM listed enterprise in Fuzhou and a national key high-tech enterprise. The company specializes in power technology research, production and application of intelligent transmission and distribution equipment, covering smart grid, rail transit and green energy, with 9 holding and wholly-owned subsidiaries and more than 1000 employees. Obtained many patents and computer software copyrights 100, and participated in the formulation of many national industry standards. Zhongneng Electric follows closely the national development strategy and strives to become a first-class technology enterprise in the global energy Internet industry according to the requirements of State Grid Corporation of China to build a world-class enterprise with three types and two networks.