Aike Corporation (300889.SZ) plans to purchase 100% equity of Dongguan Guixiang for 2.2 billion yuan, and the stock will resume trading.

Zhixin Finance APP News, Aike Technology Co., Ltd. (300889.SZ) announced that the company plans to purchase 100% equity of Dongguan Guixiang Insulation Material Co., Ltd. from 23 trading partners including Yan Ruohong through issuing shares and paying cash. The company also plans to issue shares to raise funds from up to 35 specific investors. The transaction price for 100% equity of Dongguan Guixiang is tentatively set at 2.2 billion yuan. The company's stock will resume trading on December 3, 2025.