China Lucky Film, China’s largest photosensitive materials manufacturer, said it has received no notice from the State-owned Assets Supervision and Administration Commission (SASAC) about a restructuring plan.

There was a report that China Lucky Film will be one of the 15 companies that undergo a restructuring led by Guoxin Asset Management Co., a new asset management firm set by the SASAC.

Shares of China Lucky Film last Friday rose 10.04 percent--the maximum daily gain--on the rumor.

China's business press carried the story above on Monday. China.org.cn has not checked the stories and does not vouch for their accuracy.

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