Guotou Zhonglu (600962.SH) is planning to acquire a controlling stake in Electronic Institute. Trading of its stock remains suspended on June 24th.

Zhtng cijng APP news, Gu tu zhng l (600962.SH) gnggo, gngs jnr shudo kngg gfng gutu kif tuz jtun yuxin gngs (gutu jtun) tngzh, n chuhu y gngs yugun de zhngd zchn chngz shxing. Gngs n xing gutu jtun dng gxing fng fxng gfn gumi zhnggu dinz gngchng shj yun gfn yuxin gngs (dinz yun) kngzh qun, tngsh xing b cho gu 35 mng fh tiojin de tdng duxing fxng gfn mj pito zjn. Zhtng cijng APP news, Guotou Zhonglu (600962.SH) announced that the company recently received a notice from its controlling shareholder, China National Development Investment Group Co., Ltd. (China Investment Group), that it plans to plan major asset restructuring related to the company. The company plans to issue shares to China Investment Group and other related parties to purchase the controlling rights of China Electronic Engineering Design Institute Co., Ltd. (Electronic Institute), while also issuing shares to not more than 35 specific qualified parties to raise funds for support.