LPXD plans to change company control and will be suspended from trading starting May 28
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LPXD announced that its controlling shareholder, Zinc Electric Company, plans to transfer its 72,427,600 shares (accounting for 22.3960% of the total share capital) to Qujing Development Investment Group Co., Ltd., involving a change in the company's control. This change requires approval from the state-owned assets regulatory authority. The company's stock will be suspended from trading starting May 28, 2025, and the suspension is expected to last no more than 2 trading days
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