Yongji Co., Ltd. has publicly announced its intention to acquire control of Nanjing Tenafei Electronic Technology Co., Ltd. via a combination of share issuance and cash payment. Additionally, the company plans to issue shares to no more than 35 selected investors to secure supplementary funds for this transaction. Given the potential magnitude of this asset restructuring, Yongji Co., Ltd.'s shares will be suspended from trading beginning August 14, 2025, with an anticipated suspension duration of no more than 10 trading days.
