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TCL Zhonghuan Plans Share Issue to Acquire Assets, Trading Suspended from November 2
1 day ago /
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Author：小编
TCL Zhonghuan announced on October 30 that it plans to acquire assets through a share issuance, which is expected to constitute a major asset restructuring but will not result in a restructuring listing. The target assets comprise all or part of the remaining minority equity in Zhonghuan Advanced Semiconductor Technology Co., Ltd. not already held by the listed company, and the company has signed a "Restructuring Intention Agreement" with the principal counterparties. Trading in the company's shares will be suspended from market opening on November 2, 2026, and the transaction plan is expected to be disclosed within no more than 10 trading days (i.e., by November 16, 2026).
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