Zhi Guang Electric: Intends to Purchase Majority or Partial Minority Equity Stake in Subsidiary Zhi Guang Energy, Stock Trading Suspended
Zhiguang Electric announced that the company is planning to acquire all or part of the minority equity of its controlling subsidiary Zhiguang Energy by issuing shares and paying cash, and the company intends to issue shares to raise matching funds. This transaction is expected to not constitute a major asset restructuring, not constitute a related party transaction, not lead to a change in the actual controller of the company, and not constitute a restructuring for listing. The company's stock will be suspended from trading starting from September 29, 2025, and the continuous suspension is expected to not exceed 10 trading days.
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