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STKJ has officially declared its intention to acquire a controlling stake in Shenzhen Jiahe Jinwei Electronic Technology Co., Ltd. The acquisition will be executed through a combination of share issuance and cash payment. Additionally, STKJ has outlined plans to raise corresponding funds by issuing further shares. This significant transaction is anticipated to qualify as a major asset restructuring event. However, it is important to note that this move will not lead to any alteration in the company's actual controller. In light of these developments, trading of STKJ's stock will be temporarily halted, commencing from the market opening on October 9, 2025. The anticipated duration of this trading suspension is not expected to exceed five trading days.
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