National Silicon Industry Group (688126.SH): Continues suspension of trading from the morning of March 3rd.

date
28/02/2025
avatar
GMT Eight
National Silicon Industry Group (688126.SH) announced that the company is planning to purchase minority equity interests in Shanghai Xinshengjing Semiconductor Technology Co., Ltd., Shanghai Xinshengjing Science Semiconductor Technology Co., Ltd., and Shanghai Xinshengjing Rui Semiconductor Technology Co., Ltd. through the issuance of shares and payment of cash, and to raise supporting funds. As of the date of this announcement, relevant parties are actively progressing with the work related to this transaction, and the company anticipates that trading of its shares will not resume from the morning of Monday, March 3, 2025. Due to the uncertainty of this transaction, in order to ensure fair disclosure of information, protect investor interests, and avoid causing significant impact on the company's stock price, in accordance with the relevant regulations of the Shanghai Stock Exchange, the company has applied for its stock to continue to be suspended from trading from the morning of Monday, March 3, 2025, with the expected suspension period not exceeding 5 trading days.

Contact: contact@gmteight.com