FilingReader Intelligence

OFilm Group suspends trading for asset acquisition plan

March 31, 2025 at 05:39 PM UTCBy FilingReader AI

OFILM Group Co., Ltd. has announced a trading suspension of its shares (SZSE:002456) starting April 1, 2025, lasting no more than 10 trading days. The suspension is related to the company's plan to acquire the minority equity stakes of OFILM Microelectronics (Nanchang) Co., Ltd. and Jiangxi Jinghao Optics Co., Ltd. through a combination of share issuance and cash payment. Simultaneously, the company intends to raise additional funds via share issuance to support the transaction. OFILM Group has signed a preliminary agreement with Nanchang City Industry-Finance Investment Management Co., Ltd. and Nanchang High-Tech Construction Engineering Co., Ltd. The company will resume trading no later than April 16, 2025, pending further announcements.

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

SZSE:002456Shenzhen Stock Exchange

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