Qingdao Shuangxing: Intends to issue shares and purchase assets with cash, revises draft restructuring report.

Qingdao Shuangxing announced that the company plans to issue shares, pay cash to purchase assets, and raise supporting funds, ultimately indirectly holding 45% of the shares of Jinhui Tire and controlling it. Since November 2024, the company has received multiple inquiries from the Shenzhen Stock Exchange and has worked with intermediaries to update financial data for the reporting period, disclose responses to inquiries, and reorganization reports. In 2026, based on further review opinions from the Shenzhen Stock Exchange, the company revised the restructuring report, supplemented with risks such as premium acquisitions, changes in international trade friction and tariff policies, and optimized certain paragraphs and wording. This transaction still requires approval from regulatory authorities and there are uncertainties.