Lianchuang Electronic announced that its controlling shareholder, Jiangxi Xinsheng Investment, is planning to transfer part of its stake through a negotiated deal, which may lead to a change in the controlling shareholder and actual controller. Trading in the company's shares will be suspended from the market open on July 23, 2026, with the halt expected to last no more than two trading days. The matter is still at the intention stage and remains uncertain. Meanwhile, the company disclosed that the control change under the share transfer agreement signed between Jiangxi Xinsheng and Beiyuan Intelligent has been terminated, as not all conditions for effectiveness were met, and Jiangxi Xinsheng decided to rescind the agreement.
LianChuang Electronic Technology Co LtdPlanned control change via stake transfer is at intention stage and uncertain; previous agreement terminated.
As controlling shareholder, its planned stake transfer may lead to control change, but deal is uncertain and prior agreement terminated.