---
title: "HBGK: Plans to issue shares to Shenzhen Gaodeng to purchase its 51% equity stake in Yilu Weixing, stock resumption"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233454276.md"
description: "HBGK announced that it plans to issue shares to Shenzhen Gaodeng to purchase 51% equity in Yilu Weixing held by them. Upon completion of this transaction, Yilu Weixing will become a controlling subsidiary of the listed company. The company's stock will resume trading on March 28, 2025"
datetime: "2025-03-27T12:13:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233454276.md)
  - [en](https://longbridge.com/en/news/233454276.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233454276.md)
---

# HBGK: Plans to issue shares to Shenzhen Gaodeng to purchase its 51% equity stake in Yilu Weixing, stock resumption

Jin10 Data reported on March 27th that HBGK announced its intention to issue shares to Shenzhen Gaodeng to purchase 51% equity in Yilu Weixing held by them. After the completion of this transaction, Yilu Weixing will become a controlling subsidiary of the listed company. The company's stock will resume trading on March 28, 2025

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