JIANGSU YANGDIAN SCIENCE&TECHNOLOGY: Control may change, resuming trading on July 16
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JIANGSU YANGDIAN SCIENCE&TECHNOLOGY announced that controlling shareholder Cheng Junming and shareholder Zhao Henglong, who holds more than 5% of the shares, signed a share transfer agreement with Hantang Cloud Intelligence. Zhao Henglong will transfer 17,808,280 shares, and Cheng Junming will transfer 25,522,956 shares after the lock-up period. Cheng Junming agreed to waive the voting rights of 53,508,000 shares. After the transaction is completed, Hantang Cloud Intelligence will acquire control of the company. The company's stock will resume trading on July 16, 2025
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