Rui Li Ke Mi: Plans to issue shares to purchase 16% equity of subsidiary, stock continues to be suspended.
Reilly issued a notice stating that the company is planning to issue shares to purchase 16% equity of Wuhan Codes, a holding subsidiary of Cheng Yi. After the transaction is completed, it will become a wholly-owned subsidiary, and it is expected that it will not constitute a major asset restructuring or restructuring for listing. As the transaction is still in the planning stage, the company's stock will be suspended from trading starting from February 9, 2026, and is expected to be suspended for no more than 10 trading days. As of the announcement date, related work is progressing, and in order to prevent abnormal volatility in stock prices, the stock will continue to be suspended. The transaction requires internal decision-making and regulatory approvals, and there is uncertainty.
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