Dawning Information suspends trading amid major restructuring plans

Dawning Information Industry announced a trading halt effective May 26, 2025, as the company is planning a major asset restructuring. The restructuring involves Hygon Information Technology absorbing Dawning Information through a share swap, where Hygon will issue A-shares to Dawning's A-shareholders. Hygon also plans to raise funds through the issuance of A-shares. The merger and funding plans are subject to approval by both companies' boards and shareholders, as well as regulatory authorities. Dawning Information urges investors to monitor further announcements and be aware of investment risks. Prior to the suspension, Dawning Information's registered capital was CNY 146,320.3784 thousand. Hygon Information's registered capital was CNY 232,433.8091 thousand.