A-Zenith Home Furnishings (603389.SH): Planning for a change in controlling interest matters, stock continues to be suspended.

A-Zenith Home Furnishings (603389.SH) announced that its controlling shareholder, Shanghai Yazhen Investment Co., Ltd., is planning a major event which may result in a change of control of the company. The company's stock has been suspended from trading since November 18, 2024 (Monday). Currently, the company's controlling shareholder is in negotiations with the acquirer regarding the core terms of the transaction, and the acquirer still needs to go through internal review procedures. The company expects that it will not be able to resume trading on November 19, 2024 (Tuesday). According to regulations, the company has applied to the Shanghai Stock Exchange for the stock to remain suspended from trading starting November 19, 2024 (Tuesday).