Jiahua Technology (688051.SH) plans to issue shares to acquire 90% of the shares of SD Tech. Trading will resume on December 8th.

China Fortune Financial News APP News, Jiahua Technology (688051.SH) announced that the listed company plans to purchase 90% of the shares of Shield Technology held by Zhu Yun and 49 other trading parties through the issuance of shares and payment of cash, and raise matching funds. As of the date of signing this proposal, the audit and evaluation work of this transaction has not been completed, and the valuation and pricing of the target assets have not been determined. Preliminary estimates indicate that this transaction is expected to meet the criteria for a major asset restructuring as stipulated in the "Reorganization Measures".