--- title: "ZHONGSHENG GAOKE: Continued suspension of trading" type: "News" locale: "en" url: "https://longbridge.com/en/news/248935235.md" description: "ZHONGSHENG GAOKE announced that its stock will continue to be suspended from trading starting July 18, 2025, with the suspension expected to last no more than 3 trading days. The change of control of the company is currently in the negotiation stage, and Tiankai Huida is planning to transfer its 22.35% stake in the company at a valuation of 2.5 billion for the listed company. The counterparty for this transaction is Fuzhou Qianjing Investment Co., Ltd., which is a platform company primarily engaged in investment business, controlled by Mr. Weng Shengjin and Ms. He Cong, a couple. All parties involved are actively promoting various aspects of this transaction, and the relevant work has not yet been completed" datetime: "2025-07-17T09:25:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/248935235.md) - [en](https://longbridge.com/en/news/248935235.md) - [zh-HK](https://longbridge.com/zh-HK/news/248935235.md) --- # ZHONGSHENG GAOKE: Continued suspension of trading ZHONGSHENG GAOKE announced that its stock will continue to be suspended from trading starting from July 18, 2025, with the suspension expected to last no more than 3 trading days. The matter of the change in control of the company is currently in the negotiation stage, and Tiankai Huida is planning to transfer its 22.35% stake in the company at a price based on a market capitalization of 2.5 billion for the listed company. The counterparty for this transaction is Fuzhou Qianjing Investment Co., Ltd., which is a platform company primarily engaged in investment business, controlled by Mr. Weng Shengjin and Ms. He Cong, a married couple. Relevant parties are actively promoting various aspects of this transaction, and the related work has not yet been completed ### Related Stocks - [002778.CN](https://longbridge.com/en/quote/002778.CN.md) ## Related News & Research - [Fox’s Martha MacCallum presses Trump energy sec on giving people a ‘little bit of relief’ amid skyrocketing gas prices](https://longbridge.com/en/news/286969694.md) - [Japan Petroleum Association President says U.S. crude is expected to play a key role as a substitute for Middle Eastern supply.](https://longbridge.com/en/news/287010838.md) - [Key facts: Li Auto L9 uses FlexNoC/Magillem for 2,560 TOPS; shares fall](https://longbridge.com/en/news/286979573.md) - [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md) - [Pure Tungsten Completes Merger with GB Innovation Co., Ltd., Advancing Toward Near-Term Production and Planned Public Listing](https://longbridge.com/en/news/286944364.md)