---
title: "Wuhan Lincontrol plans to issue additional shares for acquisition and will continue to be suspended from trading starting January 23"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225795560.md"
description: "Wuhan Lincontrol announced that it is planning to acquire 51%-100% equity of Jiangsu Aoyikes Automotive Electronics Technology Co., Ltd. through the issuance of shares and cash payment. Due to significant uncertainties in the transaction, the company's stock will continue to be suspended from trading starting from January 23, 2025, and the suspension is expected to last no more than 5 trading days"
datetime: "2025-01-22T07:46:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225795560.md)
  - [en](https://longbridge.com/en/news/225795560.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225795560.md)
---

# Wuhan Lincontrol plans to issue additional shares for acquisition and will continue to be suspended from trading starting January 23

According to the Zhitong Finance APP, Wuhan Lincontrol (688667.SH) announced that the company is planning to acquire 51%-100% equity of Jiangsu Aoyikes Automotive Electronics Technology Co., Ltd. through the issuance of shares and cash payment.

As of the date of this announcement, all parties involved are actively promoting various aspects of this transaction. The company expects that it will not be able to resume trading from the morning of January 23, 2025 (Thursday). Given the significant uncertainties surrounding the above matters, in order to ensure fair information disclosure, protect investors' interests, and avoid a significant impact on the company's stock price, in accordance with the relevant regulations such as the "Self-Regulatory Guidelines No. 4 for Listed Companies on the Shanghai Stock Exchange - Suspension and Resumption of Trading," the company has applied to the Shanghai Stock Exchange for the suspension of its stock (stock abbreviation: Wuhan Lincontrol, stock code: 688667) from the morning of January 23, 2025 (Thursday), with the expected suspension period not exceeding 5 trading days

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