Jinli Huadian: Intends to purchase 82.50% stake of Xi'an Zhongke Xiguang Aerospace Technology Group Co., Ltd. The stock will resume trading on May 20th.

date
19/05/2026
Jinlihua Electric announced that the company's stock will resume trading on May 20, 2026. The company plans to issue shares and pay cash to acquire 82.50% of the equity of Xi'an Space Technology Group and raise supporting funds. This transaction constitutes a related party transaction, is expected to constitute a major asset restructuring, is not expected to constitute a restructuring for listing, and will not result in a change of the actual controller of the company.