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Dongyangguang: Plans to issue shares to purchase assets and raise supporting funds within 10 trading days
Dongyangguang announced that the company is planning to acquire control of Yichang Dongshu No.1 Investment Co., Ltd. through a share issuance and raise supporting funds. This transaction is expected to constitute a major asset restructuring as defined by the “Administrative Measures for Major Asset Restructuring of Listed Companies” and to be a related-party transaction. The transaction will not result in a change of the company’s actual controller. Due to uncertainties surrounding this transaction, the company’s stock has been suspended from trading since the market opened on February 24, 2026, and will remain suspended starting from the market open on February 25, 2026. The total suspension period is expected not to exceed 10 trading days.