Harson progresses with asset acquisition and fundraising plan

Harson Trading (China) (SSE:603958) announced that it is actively progressing with its planned acquisition of 100% equity in Suzhou Chenling Optics and 45% equity in Suzhou Lang克斯 Precision Hardware through a share issuance, coupled with a concurrent offering to raise supporting funds. Trading in the company's shares was initially halted on December 12, 2024, and resumed on December 26, 2024, following the initial announcement of the proposed transaction. The company is currently working on due diligence, auditing, and valuation work. Further board meetings will be held to review the transaction details, and the company will seek shareholder approval and regulatory clearances to finalize the deal.