New Yaxin (002388.SZ) plans to acquire a controlling stake in Qiyuan Gas to add electronic gas business; shares to resume trading.

Zhitong Finance APP News, Xinya Process (002388.SZ) announced that the company plans to acquire a 15.86% equity interest in Shanghai Qiyuan Gas Development Co., Ltd. by issuing shares and paying cash, and to raise supporting funds. At the same time, the company plans to acquire a 51.27% equity interest in Shanghai Qiyuan Gas Development Co., Ltd. in cash. This cash acquisition and the current acquisition of assets by issuing shares and paying cash are independent of each other and are not mutually conditional. As of the date of signing of this preliminary plan, the audit and evaluation of the target assets have not yet been completed, and the specific transaction price of this transaction has not yet been determined. The company's shares will resume trading at market opening on October 22, 2026.