Wanlong Optoelectronics: planning major asset restructuring, stock trading suspended from December 4th.
Wanlong Optoelectronics announced that the company is planning to issue shares and pay cash to purchase the controlling rights of Central Control Information. It also intends to simultaneously acquire shares from other shareholders and raise supporting funds, constituting related transactions and a major asset restructuring. The company's securities have been suspended from trading since December 4, 2025, and it is expected to disclose the plan within a maximum of 10 trading days, by December 18. If the disclosure is not made on time, the company will resume trading no later than [missing date] and terminate the plan. The company has signed a "Share Purchase Intention Agreement" with three enterprises holding a total of 53.0397% of the shares of Central Control Information. The transaction is still in the planning stage and there is uncertainty.
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