Dawning Information shares fluctuate amid proposed merger with Hygon

Dawning Information Industry Co., Ltd. (SSE:603019) reported abnormal fluctuations in its share trading, with its stock price's cumulative deviation from the closing price exceeding 20% over three consecutive trading days: September 11, September 12, and September 15, 2025. The company stated that its production and operations remain normal, with no undisclosed material information beyond what has been released.

The company confirmed it is currently planning a significant asset restructuring. This involves a share swap absorption merger with Hygon Information Technology Co., Ltd. Through this, Hygon Information will issue A-shares to all A-shareholders of Dawning Information and raise supporting funds. Details of this plan were first disclosed on May 26, 2025, and further updated on June 10, 2025.

Dawning Information warned investors of market trading risks and the inherent uncertainties of such a complex transaction, including regulatory approvals and potential delays. The company emphasized that its main business and operating performance have not changed, urging investors to exercise caution and make rational investment decisions.