Fosun Technology: Intends to acquire controlling stake in Jinli Shares, stock trading suspended

Jinshi Data News on October 31st, Foshuo Technology announced that the company is planning to purchase assets through the issuance of shares and payment of cash, and raise matching funds from the controlling shareholder of the company, Guangxin Group, through the issuance of shares. The target of the transaction is Hebei Jinli New Energy Technology Co., Ltd., and the counterparty is all or part of the shareholders including the actual controller of the target company, Yuan Haizhao and Yuan Xiuying, and their concerted action parties. The company expects to disclose the transaction plan within no more than 10 trading days. This transaction will constitute a related party transaction and may constitute a major asset restructuring, but it will not change the actual controller of the company and will not constitute a restructuring listing. The company's securities will be suspended from the opening of the market on November 1, 2024.