Ruixin Technology: Plans to issue shares and pay cash to acquire assets and raise supporting funds, trading suspension tomorrow

2026-02-23 02:40:20

Ruixin Technology announces that the company is planning to purchase assets through issuing shares and paying cash, as well as raising 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. Due to uncertainties regarding relevant matters, the company’s securities will be suspended from trading starting from the market opening on February 5, 2026. The company expects to disclose the transaction plan within no more than 10 trading days. If the company fails to convene a board meeting to review and disclose the transaction plan within the above timeframe, the company’s securities will resume trading no later than the market opening on February 27, 2026, and the related planning will be terminated.

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