Zhongsheng Advanced Technology: Continue suspension of trading.

date
18/07/2025
Zhongsheng Technology Announcement: The company's stock will continue to be suspended from trading starting from July 18, 2025, and the suspension is expected to last no more than 3 trading days. The change of controlling interest in the company is currently in the negotiation stage. Tiankai Huidai is planning to transfer its 22.35% stake in the company to Fuzhou Qianjing Investment Co., Ltd. at a price of 2.5 billion with the company's market value. The counterparty of this transaction is Fuzhou Qianjing Investment Co., Ltd., a platform company mainly engaged in investment business by Mr. Weng Shengjin and Ms. He Cong, the actual controlling persons. All parties involved are actively promoting various aspects of this transaction, and the related work has not yet been completed.