Tuojing Technology: Planning to acquire the equity of Shangji Control in Wuxi, stock trading continues to be suspended.
Tuojing Technology announced that the company is planning to purchase the controlling rights of Wuxi Shangji Semiconductor Technology Co., Ltd. through issuing shares and paying cash, and to raise funds for the transaction. The company's stock has been suspended from trading since June 29, 2026, and is expected to resume within 10 trading days. As of the disclosure date of the announcement, the related work is progressing, but due to uncertainties, the stock will remain suspended. Upon the confirmation of the transaction, the company will disclose an announcement and apply for resumption of trading. The implementation of this transaction is subject to internal decisions and regulatory approvals, and its realization is uncertain.
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