ST Dongzhi: Planning for a change in controlling ownership, stock will be suspended from trading starting June 23.

date
22/06/2026
ST Dongzhi announced that on June 22, 2026, the controlling shareholder Ke Xiang Gaoxin planned to transfer part of its shares, which may result in a change in the company's control. The two parties have signed an "Intention Agreement" and the counterparty has paid an intention fee of 30 million yuan. The counterparty is in the coal-based carbon materials industry, and intends to transfer 14-15% of the shares, which still require approval from the relevant authorities. The company's stock will be suspended from trading starting on June 23, with an expected suspension period of no more than 2 trading days. The completion of the final transaction remains uncertain.