Galaxy Magnets plans to acquire 100% equity of Kyoto Longtai, and the stock is suspended from trading
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Galaxy Magnets plans to acquire 100% equity of Sichuan Jingtian Longtai Technology Co., Ltd., intending to conduct the transaction through the issuance of shares and cash payments, while raising supporting funds. Due to the uncertainty of the transaction, in order to protect investors' interests, the company's stock will be suspended from trading starting September 15, 2025, and the transaction will not result in a change of actual controller
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