Jin Zhi Technology is planning to change control rights. Trading will be suspended for a maximum of 2 days starting from July 21st.

date
21/07/2025
Jiangsu Jinzhi Technology Co., Ltd. announced on July 21 that its controlling shareholder, Jiangsu Jinzhi Group Co., Ltd., is planning to transfer a 16.01% stake in the company through a share transfer agreement, which may result in a change of control. The transaction is currently in the negotiation stage and is subject to uncertainties. In order to safeguard the interests of investors and prevent abnormal fluctuations in the stock price, trading of the company's stock will be suspended from the opening of the market on July 21, 2025, for a period not exceeding 2 trading days. The company will timely disclose any developments during the suspension period, and will apply for resumption of trading once the matter is confirmed. The company reminds investors to pay attention to announcements in designated media and be aware of investment risks.