Xiangcai shares trading halt continues amid restructuring efforts

Xiangcai Shares (SSE: 600095) announced that its trading halt will continue as it actively pursues a major asset restructuring. The restructuring involves Xiangcai Shares absorbing Dazhihui through a stock swap, where Xiangcai issues A-shares to Dazhihui's A-shareholders. Xiangcai will also issue A-shares to raise supporting funds. The company's stock has been suspended since March 17, 2025, and the suspension will continue to ensure fair disclosure and protect investor interests. The specific terms of the restructuring remain subject to further agreement and regulatory approvals. Investors are advised to monitor further announcements from the company regarding the restructuring's progress.