Konka Group Co., Ltd (000016.SZ) disclosed a plan to issue additional shares to acquire assets and the stock will resume trading.

Konka Group Co., Ltd (000016.SZ) announced that, as disclosed in a previous announcement, the company plans to purchase 78% of the shares of Hongjing Microelectronics Technology Co., Ltd from 17 trading parties including Liu Wei by issuing shares and raise supporting funds ("this transaction"). Upon the company's application, the company's stock (stock abbreviation: Konka Group Co., Ltd, Shenzhen Kangjia B, stock code: 000016, 200016) will be suspended from trading starting on December 30, 2024 (Monday), with the suspension expected to not exceed 10 trading days. On January 13, 2025, the company held the thirty-ninth meeting of the tenth board of directors, approving the proposal of " and its summary" and other related proposals. Upon the company's application, the company's stock will resume trading starting on January 14, 2025 (Tuesday).