On November 20th, Jin10 Data reported that due to the planned acquisition of 65% equity of Shanghai Lianshi Navigation Technology Co., Ltd. through the issuance of shares and payment of cash, the company's stock and convertible bonds will be suspended from trading starting from the opening of the market on November 21, 2024, and the expected suspension period will not exceed 10 trading days. After the transaction is completed, Ma Fei's shareholding in the company is expected to exceed 5%, so this transaction is expected to constitute a related party transaction.
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Yonganxing: Planning major asset restructuring matters Stocks and convertible bonds suspended from trading
On November 20th, Jin10 Data reported that due to the planned acquisition of 65% equity of Shanghai Lianshi Navigation Technology Co., Ltd. through the issuance of shares and payment of cash, the company's stock and convertible bonds will be suspended from trading starting from the opening of the market on November 21, 2024, and the expected suspension period will not exceed 10 trading days. After the transaction is completed, Ma Fei's shareholding in the company is expected to exceed 5%, so this transaction is expected to constitute a related party transaction.