ST joint: Intends to purchase part or all of the equity of Runtian Industrial and raise supporting funds. The company's stock will be suspended from the market starting on May 15, 2025.
ST Announcement: The company is planning to acquire a portion or all of the equity of Jiangxi Runtian Industrial Co., Ltd. through the issuance of shares and payment of cash, while also raising supporting funds to achieve control over Runtian Industrial. This transaction is expected to constitute a major asset restructuring as defined by the "Management Measures for Major Asset Restructuring of Listed Companies", and will not result in a change of the company's actual controller or trigger a restructuring for listing. The transaction is still in the planning stage, and the company's stock will be suspended from trading starting from May 15, 2025, with the expected suspension period not exceeding 10 trading days.
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