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.
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.
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