Tongwei Corporation: Plans to purchase assets, stocks, and convertible bonds, trading will be suspended from the 25th.

Tongwei Group announced that the company is planning to purchase 100% equity of Lihaoqing Energy through the issuance of shares and cash payment, and to raise supporting funds. The company has signed a letter of intent with Duan Yong and other transaction parties, and the transaction is expected to not constitute a major asset restructuring or result in a change in controlling rights. The company's stocks, convertible bonds, and convertible bond conversion will be suspended from trading starting from February 25, 2026, for a maximum of 10 trading days. The transaction is still in the planning stage and there is uncertainty.