Lianyang Intelligent Holdings (01561) enters into a supplementary memorandum of understanding with Power Circles and the investor; trading resumes on October 6.

Zhito Finance APP news, Lianyang Intelligent Holdings (01561) announced that on September 9, 2026, the company entered into a memorandum of understanding with Power Circles regarding the group's proposed restructuring. The proposed restructuring will include, among other things, a share consolidation, a subscription, debt restructuring through a creditor scheme, a change in board lot size, and termination of the share option scheme. Subsequently, the company, Power Circles, and the investor entered into a supplemental memorandum of understanding dated October 5, 2026, to amend the terms of the memorandum of understanding, including the subscription shares, subscription price, the identity of the investor, and the payment terms of the loan.