Puran Holdings: Intends to issue shares to buy 49% equity of the target, the stock has resumed trading.

Puran Shareholding announced that they plan to purchase 49% equity of Zhuhai Noah Changtian Storage Technology Co., Ltd. held by Zhuhai Noah, Changtian, etc. with the issuance of shares, convertible corporate bonds, and cash payment. After the completion of the transaction, the target company will become its wholly-owned subsidiary, and it is expected not to constitute a related party transaction, a major asset restructuring, or a restructuring for listing. The company's stock will be suspended until 2025, and trading will resume on December 9th. As of the announcement date, the due diligence, audit, evaluation, and other related work of the transaction are still ongoing, and the transaction still requires multiple approvals, with uncertainties.