Variety stock: The major asset restructuring of the company is still in the preliminary planning stages.

date
20/05/2025
Zongyi Group announced a notice of abnormal fluctuations in stock trading. The company is planning a major asset restructuring and has signed an "Investment Cooperation Intention Agreement" with relevant parties on May 13, 2025, intending to acquire control of Jiangsu Jilai Microelectronics Co., Ltd. through cash capital increase or acquisition of shares. The final transaction price will be determined through further negotiation by the parties after completion of audit and evaluation. Currently, related work is progressing in an orderly manner. The major asset restructuring is still in the preliminary planning stage, and the audit and evaluation work related to this transaction has not been completed. The "Preconditions for the Transaction" in the "Investment Cooperation Intention Agreement" signed between the company and the relevant parties need to be met before the transaction can be implemented. The transaction still needs to go through necessary internal decision-making procedures and requires approval, endorsement, or consent from the relevant regulatory authorities before it can be formally implemented. There is uncertainty regarding whether the transaction can be implemented and the specific progress of implementation.