Kingsemi halts trading amid control change plans

Kingsemi (SSE: 688037) announced a trading halt effective March 6, 2025, as it navigates plans for a shift in control. The company anticipates the suspension will last no more than two trading days. Kingsemi emphasized that the matter is subject to uncertainties and pledged to adhere to disclosure requirements throughout the process, releasing updates via the Shanghai Stock Exchange website (www.sse.com.cn) and other designated media. Investors are advised to monitor further announcements and exercise caution.