Hualan Group: Planning to change control of power, stock trading suspended from November 14th.
Huablue Group announced that the actual controllers of the company, Lei Xiang and Zhao Cheng, are planning to change the controlling rights of the company, which may result in changes to the company's controlling rights and actual controllers. The equity change requires the completion of transfer agreement procedures, and the specific plan is still under consideration. To prevent abnormal fluctuations in stock prices, the company's stock will be suspended from trading starting on November 14, 2025, for a period of no more than 2 trading days. During the suspension period, the company will disclose any progress, and will apply for resuming trading once the matter is confirmed.
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