A-Zenith Home Furnishings (603389.SH) is planning a change in controlling interest and will continue to be suspended from trading starting from November 20th.

Announcement from A-Zenith Home Furnishings (603389.SH): According to a previous announcement, the company received a notice from its controlling shareholder on November 17, 2024, stating that the shareholder is planning to transfer the shares agreement of the company, which may result in a change of control of the company. Due to the ongoing negotiations regarding the matter, there is still uncertainty. In order to ensure fair disclosure of information, protect investor interests, and avoid abnormal fluctuations in the company's stock price, the company has applied to the Shanghai Stock Exchange to suspend trading of its stock (securities code: 603389, securities abbreviation: A-Zenith Home Furnishings) starting from November 18, 2024 (Monday). Currently, the company's controlling shareholder is discussing the core terms of the transaction with the acquirer, and the acquirer still needs to go through internal deliberation procedures. The company anticipates that trading of its stock will not resume on November 20, 2024 (Wednesday). In accordance with regulations, the company has applied to the Shanghai Stock Exchange to continue the suspension of trading of its stock (securities code: 603389, securities abbreviation: A-Zenith Home Furnishings) starting from November 20, 2024 (Wednesday), with an expected suspension period of not more than 3 trading days.