Yangjie Technology stock trading remains suspended amid asset acquisition
Yangzhou Yangjie Electronic Technology (SZSE:300373) has announced that its stock trading suspension will continue as it progresses with plans to issue shares and make cash payments to acquire assets and raise supporting funds. The company anticipates the suspension to last no more than 10 trading days, starting from March 13, 2025. The suspension aims to protect investor interests by preventing significant impacts on the company's stock trading due to uncertainties surrounding the transaction. According to the announcement, both the company and related parties are actively pushing forward with the transaction, engaging in consultations, demonstrations, and confirmations regarding the transaction plan. Yangjie Technology will continue to fulfill its information disclosure obligations during the suspension and will promptly apply for stock resumption with the Shenzhen Stock Exchange upon meeting relevant requirements. Investors are advised to be aware of investment risks due to the substantial uncertainties surrounding the potential transaction.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Yangzhou Yangjie Electronic Technology publishes news
Free account required • Unsubscribe anytime