Yitong Intelligent Control has released an official announcement to address and refute the false rumors that have been circulating on various online platforms in recent times. The company emphasized that its merger and acquisition (M&A) initiative is advancing in strict compliance with all relevant laws, regulations, and the predetermined strategic plan. The plan involves acquiring the full equity stakes of Guilin Guanglong Integrated Technology Co., Ltd. and Shanghai Aojian Microelectronics Technology Co., Ltd.
Furthermore, Yitong Intelligent Control clarified that neither the company itself, its controlling shareholder, nor its actual controller is involved in any undisclosed significant matters. The company's operations are running smoothly, and the actual controller continues to fulfill their duties without interruption. Regarding the previously announced 2025 annual performance forecast, the company noted that it represents a preliminary estimate. After thorough communication with the auditing agency, it has been confirmed that there are no discrepancies in the forecast.
Yitong Intelligent Control reaffirmed its commitment to fulfilling its information disclosure obligations and urged investors to stay informed by paying close attention to official announcements. The company also reminded investors to remain vigilant and be aware of potential investment risks.
