On July 29th, Xiechang Technology announced that according to its own business development plan and the process of applying for initial public offering and listing on GEM, after careful consideration, the company intends to apply for termination of listing in the national share transfer system for small and medium-sized enterprises.
According to the announcement, Xiechang Technology held the 21st meeting of the second board of directors on July 27th, 2020, and reviewed and approved the Proposal on the Termination of Listing of the Company's Shares in the National Small and Medium-sized Enterprise Share Transfer System.