Both terminates the purchase of 55% shares of Shanghai CanShi Engineering Equipment Co., Ltd. Stock resumes trading

Zhitong
2025.10.10 12:10
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According to the Zhitong Finance APP, Both announced that the company plans to acquire 55% of the shares of Shanghai CanShi Engineering Equipment Co., Ltd. through the issuance of shares and cash payment. At the same time, the company intends to issue shares to raise supporting funds. The company's stock will be suspended from trading starting from September 30, 2025 (Tuesday). After careful consideration, the company has decided to terminate the planning of this transaction. The company's stock will resume trading starting from October 13, 2025 (Monday)