Kaisa Group: Planning major asset restructuring, stock will resume trading after suspension.

KaiZhong Group announced that the company plans to acquire 60.00% equity of Anhui Tuosheng Automotive Parts Co., Ltd. through the issuance of shares and cash payment, and to raise supporting funds. It is expected to constitute a major asset restructuring and related party transaction. The company's stock and convertible bonds will be suspended from trading starting November 2025, and will resume trading on December 1, 2025. As of the disclosure date of the announcement, the audit, evaluation, and other related work for the transaction are progressing in an orderly manner. The implementation of this transaction is subject to the satisfaction of multiple conditions and uncertainties exist.