Gauss Bell: A specific entity intends to subscribe for 650 million yuan worth of shares, disclosure of the results of multiple item checks in the second quarter.

date
03/07/2026
The Gauss Bell announcement stated that Changsha Torch God intends to subscribe for no more than 501.45 million A-share stocks issued to specific parties by the company with a cash amount not exceeding 650 million yuan. After the issuance, its shareholding ratio will increase to 23.08%, becoming the controlling shareholder. This matter still needs to be approved by the Shenzhen Stock Exchange and obtain the reply from the China Securities Regulatory Commission. In the second quarter of 2026, the company had no major investments, asset transactions, adjustments to its main business, or employee placement issues. Routine related transactions were within the expected range, and occasional related transactions fulfilled approval and disclosure obligations. Board of directors and senior management transitions were completed, and the information disclosure obligations person promised to fulfill multiple commitments after the issuance is completed, with no unfulfilled commitments during the reporting period.