Huiding Technology: planning to issuance shares and pay cash to purchase assets and raise matching funds

On November 29th, Jinshi Data News, Goodix Technology announced that the company is planning to purchase the controlling rights of Yunyinggu Technology Co., Ltd. by issuance of shares and cash payment, and raise supporting funds. The company’s securities have been suspended from trading since the opening of the market on November 25, 2024, with an expected suspension period of no more than 10 trading days. As of the date of this announcement, the parties to the transaction are actively advancing the related work, and the specific transaction plan is still under discussion and verification, with uncertainties remaining. This transaction still needs to be submitted to the company’s board of directors and shareholders’ meeting for review and approval by the competent regulatory authorities before it can be officially implemented. There is still significant uncertainty as to whether it can be approved.