Yitoa Intelligent Control updates on asset acquisition and funding progress

Shenzhen Yitoa Intelligent Control Corporation announced progress on its proposed acquisition of 100.00% of Guanglong Integrated held by Guanglong Group, and 80.00% of AoJian Microelectronics held by six shareholders, including Jianjian Enterprise and Hanjian Enterprise. The company also plans to issue shares to no more than 35 specific investors to raise supporting funds. Post-acquisition, Guanglong Integrated will become a wholly-owned subsidiary, and AoJian Microelectronics will become a controlled subsidiary.

The company's stock was halted on October 27, 2025, and resumed trading on November 10, 2025, following board approval of the transaction preliminary plan on November 7, 2025. As of December 5, 2025, the audit, appraisal, and legal due diligence for the transaction are still ongoing.

The company noted that the transaction is not expected to constitute a connected transaction or a significant asset restructuring, nor does it constitute a backdoor listing. The final approval and registration by regulatory bodies remain uncertain, and investors are advised to monitor future announcements and be aware of investment risks.