Yongtai Technology: Intends to issue shares to purchase 25% of the shares of Yongtai Gaoxin held by Ningde Times. Trading of stocks suspended.

date
08/02/2026
Yongtai Technology Announcement: The company is planning to issue shares to purchase assets and raise matching funds. The target of this transaction is the 25% equity of Shaowu Yongtai High-tech Materials Co., Ltd. held by Ningde Times New Energy Technology Co., Ltd., with the company currently holding 75% equity of the target company. The company plans to purchase the 25% equity of Yongtai High-tech held by Ningde Times through the issuance of shares and raise matching funds. After the completion of this transaction, Ningde Times will become a shareholder of the company. The company's stock will be suspended from trading starting from February 9, 2026, and it is expected to disclose the transaction plan within no more than 10 trading days.