FranTech: The company's stock will resume trading on March 3, 2026.
Frantech announced that the company's controlling shareholder and actual controller, Tao Fenghua and Jin Hongping, signed a "Share Transfer Agreement of Frantech Heavy Industries Co., Ltd." with Wuxi Xintouqihang Merger and Acquisition Investment Partnership Enterprise. Tao Fenghua, Jin Hongping, and the concerted action person Shanghai Zhixiang Enterprise Management Co., Ltd. signed a "Capital Increase Agreement of Shanghai Zhixiang Enterprise Management Co., Ltd." with Xintouqihang. According to the relevant provisions of the "Stock Listing Rules of the Shanghai Stock Exchange" and the "Self-discipline Supervision Guidelines for Listed Companies of the Shanghai Stock Exchange No. 4 - Trading Suspension and Resumption," after the company applied to the Shanghai Stock Exchange, the company's stock will resume trading from March 3, 2026.
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