Lianchuang Electronic extends trading halt amid control change talks
Lianchuang Electronic Technology announced its stock and convertible bonds will continue their trading suspension from December 22, 2025, for an additional period not exceeding three trading days. This follows an initial suspension on December 18, 2025. The halt stems from ongoing negotiations involving Jiangxi Xinsheng Investment Co., Ltd., the controlling shareholder, to transfer a portion of its equity, which could lead to a change in the company's controlling shareholder and actual controller.
During this period, the conversion of Lianchuang Convertible Bonds into shares will also be suspended. The company emphasized that the overall plan is still under negotiation, and no formal agreement has been signed yet. The continued suspension is intended to ensure fair information disclosure, prevent abnormal fluctuations in the company's stock price, and protect investors' interests.
Lianchuang Electronic Technology is actively working with all relevant parties to advance the transaction and will disclose updates in accordance with legal requirements. The company will promptly issue further announcements and apply for the resumption of trading and share conversion once the matter is finalized.
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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