Bainer a Thousand Achievements: Plans to acquire 100% of Zhonglian Century. No abnormal fluctuations in stock price before suspension.
Banache announced that the company plans to issue shares and pay cash to directly and indirectly acquire 100% of Zhonglian Century's shares and raise funds. Due to the planning of this transaction, the company's stock will be suspended from trading starting from December 16, 2025. In the 20 trading days before the suspension, the company's stock price cumulatively dropped by 15.53%, after excluding the market factor it dropped by 16.58%, and after excluding the same industry sector factor it dropped by 11.70%, which did not exceed 20%. There were no abnormal fluctuations in the trading of the stock. The company took confidentiality measures during the negotiation process and registered a list of insiders with insider information after the trading suspension and reported to the Shenzhen Stock Exchange.
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