Pulutong: The work on issuing shares and cash payment for asset acquisition is still in progress.

date
12/08/2026
Pulutong announced that the company intends to issue shares and pay cash to acquire 100% of Leqee Group Limited held by CMC Lollipop Holdings Limited and an 8.26% equity stake in Lemai Information Technology Co., Ltd. held by Liu Kai, Jiang Lili, and others, and to raise funds from related parties. This transaction is expected to constitute a significant asset restructuring. The company's stock will be suspended from trading starting December 4, 2025, and will resume trading on December 18. As of the announcement date, due diligence, auditing, evaluation, and other work related to the transaction have not been completed, and subsequent approvals from the board of directors, shareholders' meeting, and regulatory authorities are required.