---
title: "Under the major asset restructuring of BHAS, trading was suspended on Tuesday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/242676790.md"
description: "BHAS announced that it will acquire equity in multiple companies through the issuance of shares and cash payments, which is expected to constitute a significant asset restructuring and related party transactions. The company's stock will be suspended from trading starting June 3, 2025, with the suspension period expected to not exceed 10 trading days"
datetime: "2025-05-31T08:46:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/242676790.md)
  - [en](https://longbridge.com/en/news/242676790.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/242676790.md)
generator: "portal-rs"
---

# Under the major asset restructuring of BHAS, trading was suspended on Tuesday

On the evening of May 30th, BHAS announced that the company plans to acquire 51% equity of Beijing Haina Chuan Automotive Parts Co., Ltd. (referred to as "Haina Chuan"), 51% equity of Langfang Andatuo, 100% equity of Zhilian Technology, and 50% equity of Laini Wiring Harness through the issuance of shares and cash payment. The company will issue shares to no more than 35 (inclusive) qualified specific objects to raise matching funds. The announcement indicates that this transaction is expected to constitute a significant asset restructuring and related party transaction. The company's stock will be suspended from trading starting June 3, 2025 (Tuesday), with an expected suspension period of no more than 10 trading days. (Shanghai Securities News)

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