CITMS: Planning to acquire 100% equity of Xinghe Power, trading suspension continues on March 17
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CITMS announced that it is planning to acquire 100% equity of Xinghe Power, intending to do so through the issuance of shares and cash payment, while raising supporting funds. Due to the uncertainty of the transaction, the company's stock will continue to be suspended from trading starting March 17, 2025, with the suspension expected to last no more than 5 trading days
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