MiCo Announces Delisting of Wholly Owned Subsidiary MiCo Hi-Tech via Small-Scale Merger

MiCo has delisted its wholly owned subsidiary MiCo Hi-Tech as of July 1, 2026, through a small-scale absorption merger.
All assets and liabilities of the subsidiary are transferred to MiCo without issuing new shares, resulting in no dilution for existing shareholders.
The merger is part of a restructuring to simplify the holding company structure and does not immediately impact shareholder value.
[AI Summary]MiCo simplified its governance by absorbing its wholly owned subsidiary MiCo Hi-Tech via a small-scale merger. No new shares were issued, so no dilution occurred, but the merger's synergy effects are expected to be limited.