Core Origin Inc. intends to purchase the equity of Core Intellect Semiconductor Technology Co., Ltd. through the issuance of shares and cash payment. The company's stock will resume trading on September 12.

date
11/09/2025
Announcement of Xinyuan Holdings: The company plans to acquire the equity of Xindai Zhirong Semiconductor Technology Co., Ltd. through issuing shares and cash payment, and raise supporting funds. The company's stock will be suspended from trading starting from August 29, 2025, with an expected suspension period of no more than 10 trading days. On September 11, 2025, the company held the third meeting of the third board of directors and approved the relevant proposal. After applying to the Shanghai Stock Exchange, the company's stock will resume trading from September 12, 2025. This transaction still needs to be approved by another meeting of the board of directors, the shareholders' meeting, Shanghai Stock Exchange, and China Securities Regulatory Commission.