---
title: "HBGK plans to issue additional shares for acquisition and will be suspended from trading starting from the market opening on March 14"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231701728.md"
description: "HBGK announced plans to issue additional shares to acquire Anhui Yilu Weixing Technology Co., Ltd. and raise matching funds. Due to the uncertainty of the transaction, the company's stock will be suspended from trading starting from March 14, 2025, to protect the interests of investors. The specific transaction plan will be based on the information disclosed in the restructuring proposal or report"
datetime: "2025-03-13T12:58:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231701728.md)
  - [en](https://longbridge.com/en/news/231701728.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231701728.md)
generator: "portal-rs"
---

# HBGK plans to issue additional shares for acquisition and will be suspended from trading starting from the market opening on March 14

According to the Zhitong Finance APP, HBGK (300449.SZ) announced that the company is planning to issue shares to purchase assets and raise supporting funds (referred to as "this transaction" or "this restructuring"). Due to the uncertainty of related matters, in order to protect the interests of investors and avoid significant impacts on the company's securities trading, in accordance with relevant regulations of the Shenzhen Stock Exchange, the company has applied to the Shenzhen Stock Exchange for a suspension of trading of its shares (stock abbreviation: HBGK; stock code: 300449) starting from the opening of the market on March 14, 2025 (Friday).

The target company for this transaction is Anhui Yilu Weixing Technology Co., Ltd. (referred to as "Yilu Weixing" or "target company"). The company intends to acquire control of the target company by issuing A-shares and raising supporting funds. This transaction still has uncertainties, and the final transaction method and specific plans shall be subject to the information disclosed in the restructuring plan or restructuring report

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**