Xinyuan Co., Ltd. (688521.SH): Planning to issue additional shares to acquire all or controlling rights of Xinlai Zhirong, stock trading halted.

Smart Financial APP News, Xinyuan shares (688521.SH) announcement, the company is planning to purchase the equity of Xilai Zhirong Semiconductor Technology (Shanghai) Co., Ltd. ("Xilai Zhirong" or "target company") by issuing shares and paying cash and raising matching funds ("this transaction"). As of the disclosure date of the announcement, the valuation of Xilai Zhirong has not been finally determined, and it is not yet possible to determine whether this transaction constitutes a major asset restructuring. The company's stock will be suspended from trading starting on August 29, 2025 (Friday), and the suspension is expected to last no more than 10 trading days.