Zhaori Technology announced that its controlling shareholder, Xinjiang Chaojun Equity Investment, is planning a share transfer that may lead to a change in company control. Trading in the company's shares will be suspended from July 30, with the halt expected to last no more than two trading days. The counterparty is Shanghai Jingheheng Technology, which intends to acquire shares held by Xinjiang Chaojun. After the transaction, its shareholding will account for approximately 14.18% of the company's total share capital. The parties are currently discussing and negotiating the transaction plan, price, and agreement terms. Over the three consecutive trading days from July 27 to July 29, the cumulative deviation of the closing price increase exceeded 30%, triggering abnormal fluctuation. During this period, the share price rose by a cumulative 29.3%, closing at the daily limit of 8.87 yuan on July 29, with a total market capitalization of 2.98 billion yuan.
Sinosun TechControlling shareholder planning share transfer that may lead to control change, with counterparty Shanghai Jingheheng Technology acquiring shares