Yunnan Energy New Material suspends trading for acquisition, fundraising plans

Yunnan Energy New Material Co., Ltd. announced the ongoing suspension of its shares effective December 1, 2025. This suspension relates to its plans to issue shares for asset acquisition and to raise supporting funds, a process currently under negotiation and subject to uncertainty. The company anticipates a suspension period not exceeding 10 trading days.

As of the announcement date, the company and relevant parties are actively advancing the transaction, with negotiations and due diligence underway. The decision to continue the trading suspension, made in accordance with Shenzhen Stock Exchange regulations, aims to protect investor interests and prevent abnormal price fluctuations during this period of significant corporate action.

The company commits to timely information disclosure throughout the suspension and will adhere strictly to legal and regulatory requirements to facilitate the transaction and eventual resumption of trading. Investors are cautioned about the inherent uncertainties surrounding the finalization of this transaction.