Zhejiang Fenglong Electric Co., Ltd. engages in the research and development, production, and sale of garden machinery parts, automobile parts, and hydraulic pa...
Fenglong: Tender Offer Period Expires; Stock Suspended from April 21
UBTECH Robotics Calls March EGM to Approve 43% Stake in Zhejiang Fenglong Electric
From February 2 to February 6, 2026, the Shenzhen Stock Exchange took self-regulatory measures against 233 cases of abnormal securities trading behavior, involving price manipulation and false declarations. At the same time, it focused on monitoring the abnormal price fluctuations of "Jiamei Packaging" and "Fenglong," and conducted investigations into 8 major events of listed companies, reporting 4 clues of suspected illegal activities to the China Securities Regulatory Commission
Fenglong: The suspension review has been completed, and UBTECH ROBOTICS has committed that there are no plans to inject its held assets into the listed company within 36 months after the completion of this acquisition, and the stock will resume trading
In half a day, main funds increased their positions in power equipment stocks while selling off communication and electronics stocks
Fenglong: UBTECH ROBOTICS has no plans or arrangements for a restructuring and listing through a listed company within the next 36 months