Hexin Instrumentation: The issuance of shares to purchase assets and raise funds was suspended by the Shenzhen Stock Exchange due to outdated documents.

date
31/03/2026
Sina Finance reported on March 31st that Hexin Instruments announced that the company plans to issue shares and pay cash to purchase 56.00% equity of Shanghai Liangxi Technology Co., Ltd. held by Wu Ming and Shanghai Yandi Enterprise Management Partnership Enterprise, and raise matching funds. Due to the expiration of the financial data in the audit report in the application documents, with the financial data reference date being June 30, 2025, and the relevant financial information valid until March 31, 2026, the Shanghai Stock Exchange has suspended the review of this transaction. The company and all parties are currently progressing with the relevant work and will promptly submit updated materials to resume the review process. This transaction still requires review and approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission, so there is uncertainty.