ZHIGUANG plans to acquire all or part of the minority equity of ZHIGUANG Energy Storage, and will be suspended from trading starting September 29
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According to the Zhitong Finance APP, ZHIGUANG announced that the company is planning to acquire all or part of the minority equity of its controlling subsidiary Guangzhou ZHIGUANG Energy Storage Technology Co., Ltd. (referred to as "ZHIGUANG Energy Storage") through the issuance of shares and cash payment. At the same time, the company intends to issue shares to raise matching funds. The company's stock will be suspended from trading starting from September 29, 2025 (Monday), and the suspension is expected to last no more than 10 trading days
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