Tianzhi Hang: Plans to issue shares to purchase the controlling stake of Shanghai Micromed Orthopedic Medical Technology Co., Ltd., trading of the stock suspended.
Tianzhihang Announcement: The company is planning to purchase a controlling stake in Shanghai MicroPort Orthopedics Medical Technology Co., Ltd. through the issuance of shares, while also planning to raise supporting funds. This transaction is expected to constitute a major asset restructuring, but will not result in a change of the actual controller of the company and will not constitute a restructuring for listing. The company's stock will be suspended from trading starting July 16, 2026, with an expected suspension period of no more than 5 trading days.
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