Kodak Manufacturing: Planning major asset restructuring, company stock continues to be suspended.

date
21/01/2026
Keda Manufacturing announced that the company is planning to acquire a minority stake in its controlling subsidiary Guangdong Tefu International Holdings Limited by issuing shares and cash, and raising funds, which is expected to constitute a related party transaction and a major asset restructuring, but not a restructuring for listing. The company's A shares have been suspended from trading since January 15, 2026, and as of the disclosure date of the announcement, the transaction is still in the planning stage, with related parties negotiating, discussing, and confirming the plan. To prevent abnormal stock price fluctuations, trading will remain suspended until the matter is finalized, and the resumption of trading is subject to uncertainty as to whether the transaction can ultimately be implemented.