ST Joint (600358.SH) is planning to acquire a portion or all of the equity of Run Tian Industrial, and will be suspended from trading starting May 15th.

Zhichuan Finance APP news, ST Joint (600358.SH) announced that the company is planning to acquire part or all of the equity of Jiangxi Runtian Industrial Co., Ltd. (hereinafter referred to as "Runtian Industrial" or the "target company") by issuing shares and paying cash, and to raise matching funds (referred to as "transaction" or "restructuring") in order to achieve control of Runtian Industrial. The company's stock will be suspended from trading starting from May 15, 2025, and the suspension period is expected to not exceed 10 trading days.