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Lingyi iTech acquisition approved by Shenzhen exchange

August 10, 2025 at 08:29 AM UTCBy FilingReader AI

Lingyi iTech announced its plan to acquire 66.46% of Jiangsu Keda's equity through convertible corporate bonds and cash has been approved by the Shenzhen Stock Exchange's Merger and Restructuring Review Committee.

The company also plans to raise supporting funds by issuing shares to up to 35 specific targets. The transaction awaits final approval from the China Securities Regulatory Commission.

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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