Aokang International: Termination of Major Matters Planning; Resumption of Trading in Company's Stock starting from July 2nd.

date
01/07/2026
Orcan International announced that due to a significant increase in stock prices and uncertainties surrounding the planned asset purchase, trading will be suspended from June 25th to July 1st. During the suspension period, the company and the trading party failed to reach an agreement on key terms, leading to the decision to terminate the planned transaction. The company's stock resumed trading on July 2nd, and the termination of the transaction will not have a negative impact on the company's operations and future strategies.