Hengwei Technology (603496.SH) is planning to purchase 75% of the shares of Shuheng Technology. The trading of the stock will be suspended starting from September 17th.

Zhtng Cijng APP news, Hngwi Kj (603496.SH) announced that the company is planning to purchase 75% of the shares of Shanghai Shuheng Information Technology Co., Ltd. (hereinafter referred to as "Shuheng Technology" or the "target company") by issuing shares and paying cash. At the same time, the company plans to issue shares to raise funds. After the completion of this transaction, Shuheng Technology will become a subsidiary of the company.