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Ruili Ke Mi: Plans to issue shares to acquire a 16% stake in Wuhan Kedes; stock resumes trading on March 3.
On March 2nd, RuLiKeMi announced that Guangzhou RuLiKeMi Automotive Electronics Co., Ltd. intends to issue shares to purchase a 16% stake in Wuhan RuLiKeDeSi Automotive Electronics Co., Ltd. held by Mr. Cheng Yi.
Due to uncertainties surrounding this transaction, the company’s stock has been suspended from trading since the market opened on February 9, 2026. On March 2, 2026, the company held the third meeting of the fifth board of directors, during which the proposal related to this transaction was approved. Upon application, the company’s stock resumed trading starting from the market open on March 3, 2026.