Summary by Moomoo AI
CITIC TAU FUT STEEL GROUP CO., LTD. (A SUBSIDIARY OF CITIC STEEL) ANNOUNCED ON APRIL 24, 2024 THAT IT WILL SUSPEND THE TRANSFER FUNCTION OF “CENTRAL SPECIAL DEBTS” FROM APRIL 26, 2024 UNTIL THE END OF THE SHARE REGISTRATION DATE, DURING THE IMPLEMENTATION OF THE DISTRIBUTION OF INTERESTS IN 2023. The company's convertible corporate bonds will continue to trade normally during this period. The transfer function will resume on the first trading day after the registration of shares. In addition, the company provides a way to adjust the transfer price and a formula for calculating it to reflect possible changes in shares and/or shareholders' equity. The Board of Directors of CITIC Taifu Steel Group Co., Ltd., has given assurances as to the veracity, accuracy and completeness of the information in this announcement on April 25, 2024.