CITMS plans to acquire 100% equity of Xinghe Beihai, trading suspended from March 10
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CITMS plans to acquire 100% equity of Xinghe Power (Beihai) Technology Co., Ltd. held by Shenzhen Xinghe Power Technology Co., Ltd. The transaction will be conducted through the issuance of shares and cash payment. Upon completion of this transaction, CITMS will directly hold 100% equity of Xinghe Beihai. The company's stock will be suspended from trading on March 10, 2025, with an expected suspension period of no more than 5 trading days
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