Jinpu Titanium Industry: intends to purchase 100% equity of Nanjing Lide Eastern Rubber Technology Co., Ltd., and resume trading of stocks.

date
15/07/2025
Jinpu Titanium Industry Announcement: The company is planning to purchase 100% equity of Nanjing Lide Dongfang Rubber and Plastics Technology Co., Ltd. held by Nanjing Jinpu Dongyu Investment Co., Ltd. and Nanjing Hengyutaihe Investment Partnership Enterprise through major asset replacement, issuance of shares, and payment of cash, and at the same time raise supporting funds. This transaction is expected to constitute a major asset reorganization of the listed company and constitute a related party transaction, which will not result in a change in the actual controller of the company. The company's stock will be suspended from July 1, 2025, with the expected suspension period not exceeding 10 trading days. On July 14, 2025, the 42nd meeting of the eighth board of directors was held, and the relevant proposal of this transaction was reviewed and approved. On July 15, 2025, the company disclosed the pre-disclosure of this transaction and related announcements. The company's stock will resume trading from the opening of the market on July 15, 2025.