
ST JFLB: The change of control is still in the negotiation stage, and the stock remains suspended

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ST JFLB announced that the controlling shareholders Lin Haoliang and Lin Ruowen are in discussions regarding the transfer of company shares, planning to transfer shares to enable the counterparty to gain control. The specific transfer ratio and plan are yet to be determined. The parties involved in the transaction are in friendly negotiations and have not yet signed an agreement. It is expected that the company's stock will continue to be suspended, with the suspension period not exceeding 3 trading days
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