Dongyang Sun: Planning to issue shares to acquire assets, stock trading suspended from February 25th.
Dongyang Guang announced that the company is planning to issue shares to acquire the controlling rights of Yichang Dongshu number one Investment Co., Ltd. and raise the matching funds, which is expected to constitute a major asset restructuring and a related party transaction without resulting in a change of the actual controller. The company has signed a "Acquisition Intention Agreement", and the specific plan is still under negotiation. Due to the uncertainty of the transaction, the company's stock has been suspended from trading since February 25th, with a total suspension period expected to be no more than X trading days. During the suspension period, the company will disclose progress, and will apply for resumption of trading once the matter is confirmed.
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