Landun Photoelectron Plans to Acquire Controlling Stake in Suzhou Lanchuang Technology

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Landun Photoelectron is planning to acquire a controlling stake in Suzhou Lanchuang Technology through a combination of share issuance and cash payment, and to raise matching funds. The company has signed a letter of intent for the equity acquisition with the main counterparty, reaching an acquisition intention. Due to uncertainties surrounding the matter, trading in the company's shares has been suspended since the market open on July 27, and the transaction plan is expected to be disclosed within no more than 10 trading days.

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苏州岚创科技有限公司Private± Mixed
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Target of acquisition by Landun Photoelectron; impact depends on deal terms and outcome.

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