STK Technology has announced that Gong Dianhai, the company's controlling shareholder and de facto controller, has decided to terminate the planned change in control rights. This decision follows the failure of both parties to reach a consensus on certain crucial terms. Consequently, the company's stock will resume trading on July 30, 2025. At present, STK Technology's business operations remain unaffected, and this termination is not anticipated to have a material impact on the company's performance or financial position.
