Guansiang Technology has issued a public notice stating that the company is formulating plans to acquire not less than 60% of the equity in Jinzhou Liaojing Electronic Technology Co., Ltd. (hereinafter referred to as "Liaojing Electronics") via share issuance. Additionally, it intends to raise supplementary funds. Liaojing Electronics is engaged in the design, production, and sales of integrated circuits, power components, and other electronic parts.
Considering the uncertainties associated with these relevant matters, and with the aim of safeguarding investors' interests and preventing substantial impacts on the company's securities trading, Guansiang Technology has decided to suspend the trading of its stock starting from December 22, 2025. It is anticipated that the transaction plan will be unveiled within a maximum of 10 trading days. In the event that the company fails to convene a board meeting to review and disclose the transaction plan within the stipulated timeframe, the trading of the company's securities will resume at the market opening on January 7, 2026, and the relevant planning initiatives will be discontinued.
