Jingsheng Corporation (688478.SH) is planning to acquire controlling rights in Beijing Wizhen and the stock has been suspended.

Zhixin Financial APP news, Jing Sheng shares (688478.SH) announced that the company is planning to purchase the controlling rights of Beijing Weizhun Intelligent Technology Co., Ltd. (referred to as "Beijing Weizhun" or "target company") by issuing shares and paying cash, while also intending to raise matching funds. This transaction will not result in a change in the actual controller of the company and does not constitute a restructuring for listing.