Changling Hydraulic: Planning for Change of Control Matters, Stocks Continue to Be Suspended

Jinshi Data January 13th news, Changling Hydraulics announced that the company’s controlling shareholder and actual controller Xia Jifa is planning to transfer the company’s shares protokol and acquire satın alma assets related matters, which may cause changes in the company’s control. Due to the ongoing negotiations of this matter and the uncertainties, in order to ensure fair information disclosure, protect the interests of investors, and avoid abnormal Dalgalanma in the company’s stock price, the company’s stock has been suspended from trading since the opening of the market on January 13, 2025. Currently, Xia Jifa is negotiating the core terms of this transaction with the counterparty, and all parties to the transaction need to go through relevant internal approval procedures. The company expects that it will not be able to resume trading on January 14, 2025, so the company’s stock will continue to be suspended from trading starting from the opening of the market on January 14, 2025, and the expected duration of the suspension will not exceed 1 trading day.