Tech Semiconductor extends trading halt amid control change planning
Tech Semiconductor announced that its stock will remain suspended from trading on the Shenzhen Stock Exchange, starting from the morning of June 17, 2025. This follows an initial suspension on June 13, 2025, as the company's controlling shareholder, Xiangyang Xinyiyuan Semiconductor, and its actual controller, Mr. Xing Yan, plan a change of control. The company stated that relevant parties are actively advancing the transaction. The suspension is being extended as the company needs more time to finalize the agreement, and it is expected to last no more than three trading days. Tech Semiconductor will continue to disclose updates and fulfill its information disclosure obligations as required by laws and regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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