RXHT: Planning to issue shares and pay cash for control of Wuhu Deheng, trading will be suspended starting tomorrow
36Kr learned that RXHT announced that the company is planning to acquire control of Wuhu Deheng Automotive Equipment Co., Ltd. through the issuance of shares and cash payment, and to raise matching funds, which is expected to constitute a significant asset restructuring. Due to the uncertainty of the relevant matters, the company's stock will be suspended from trading starting February 5, 2026. The company expects to disclose the transaction plan within no more than 10 trading days. Wuhu Deheng Automotive Equipment Co., Ltd.'s main business includes the manufacturing of automotive parts and accessories, mold manufacturing, non-standard specialized equipment manufacturing, handling equipment manufacturing, and industrial robot manufacturing
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