The Zhongshan-based manufacturer has merged with Regal Ally, making it a wholly owned unit of Hong Kong-based Regal Concord, according to an online statement.
Ming Yang has asked the New York Stock Exchange (NYSE) to suspend trading of its American depositary shares, with all registered securities to be deregistered within the next 90 days.
It still has yet to formally terminate its reporting obligations to the US Securities and Exchange Commission (SEC), under the Securities Exchange Act of 1934.
Shareholders
