Narada Power ends control change talks, stock to resume trading

Zhejiang Narada Power Source Co., Ltd. has announced the termination of its previously planned change of control. The company's controlling shareholders failed to reach a consensus on core terms with potential transaction parties after multiple negotiations. The decision to terminate the matter was made to protect the interests of all shareholders and the company.

The company's stock, which had been suspended since December 12, 2025, and subsequently extended, is set to resume trading on December 19, 2025 (Friday), at market open. This termination is not expected to adversely affect Narada Power’s operational performance or financial condition.

Narada Power states that it will continue to pursue its development strategy, focus on sustainable growth, and enhance profitability to create value for both the company and its shareholders. The announcement encourages investors to exercise rational investment decisions.