HC Semitek Applies for Extended Trade Suspension in China

HC Semitek announced it had been carrying out operations since halting trade on China’s bourse, and has been discussing with investors and traders about its future direction. Investors and traders have requested for more detailed explanations about the terms and conditions, but the company has not confirmed the content of the discussions.

The company was planning to resume trade on the bourse by June 13, 2015, and has been confirming the authenticity, accuracy, completeness of information related to its major restructure of assets. To prevent abnormal share value fluctuations, the company had applied for a trade suspension extension starting from June 13, 2015 onwards.

HC Semitek will be disclosing information required under “Rule No. 26 on Contents and Format of Information Disclosure by Companies Publicly Issuing Securities -- the Application Documents of Significant Asset Restructuring of Listed Companies” by July 12, 2015. The regulation requires companies to report major restructures and submit reports after the company restarts trading on the bourse.

The Chinese LED manufacturer plans to restart trading on the bourse by July 13, 2015, and will not be restructuring its assets for the next six months following reinitiated trade.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

The OSCONIQ® P 3737 high-power LED achieves industry-leading wall plug efficiency of 83.2 % in Hyper Red, enabling unique output levels and cost savings Vegetable, flower, and other growers benefit from a stable photon flux thanks to the Q... READ MORE

New XLamp XFL LEDs are fully specified and optimized for flashlights and other portable lighting applications  Cree LED has just launched the new XLamp® XFL LED family, comprised of three LEDs designed for maximum performance in flash... READ MORE