FilingReader Intelligence

DZH shares surge 20% amid merger plans

August 19, 2025 at 05:19 PM UTCBy FilingReader AI

Shanghai DZH's stock price deviated by over 20% across three trading days in August 2025. The company denied any undisclosed major events or involvement in stablecoin or virtual asset trading businesses.

DZH is planning a share-for-share merger with Xiangcai Co., though the transaction timeline remains uncertain due to regulatory and cost factors.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601519Shanghai Stock Exchange

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