Kaison Technology Co., Ltd. (603037.SH) plans to acquire the controlling stake of Anhui Tuosheng. The stock will be suspended from trading starting November 24th.

Bright smart finance and economics APP news, Kaizhong shares (603037.SH) announced that the company is planning to acquire the controlling rights of Anhui Tuosheng Automobile Parts Co., Ltd. (hereinafter referred to as "Anhui Tuosheng" or the "target company") by issuing shares and paying cash, and to issue shares to no more than 35 specific investors to raise matching funds, with all funds raised used to pay for the transaction consideration, without the need for additional working capital. Preliminary calculations indicate that this transaction may constitute a major asset restructuring as stipulated in the "Administrative Measures for Major Asset Restructuring of Listed Companies"; according to relevant regulations of the "Shanghai Stock Exchange Listing Rules", this transaction will not result in a change of the company's actual controller, and will not constitute a restructuring listing.