Lakala: Discloses restructuring plan, company stock to resume trading on October 19.
Lakala announced that the company intends to acquire a controlling stake in Guangzhou Gaofu Information Technology Co., Ltd. through the issuance of shares and cash payment. This transaction is expected not to constitute a major asset restructuring, a related-party transaction, or a restructuring listing. The company has convened a board meeting, approved the relevant proposals for this transaction, and disclosed the restructuring preliminary plan. As of the disclosure date of this announcement, the audit and evaluation work related to this transaction has not yet been completed, and no shareholders' meeting will be convened for the time being to review the relevant proposals. Upon application, the company's shares will resume trading at market opening on October 19, 2026. This transaction still needs to go through multiple approval procedures, and whether approval will be obtained and the timing of approval remain uncertain.
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