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As the controlling shareholder Hengdian Group Holdings Co., Ltd. planned to carry out major asset restructuring of Taiyuan Gangyu, the company issued a suspension announcement on June 30 last year. However, due to the immature conditions of the asset restructuring, it was decided by many parties to suspend the planning of the major asset restructuring. The company's stock resumed trading on July 27, 2009, and promised not to plan major asset restructurings for at least 3 months from the date of the company's stock resumption.
On September 2, Taiyuan Gangyu Company said on Wednesday that the company has no new restructuring plan on the interactive platform of investor relations of listed companies on the Shenzhen Stock Exchange.