Beijing JCZ Technology plans to issue additional shares to acquire 55% equity in Changchun Samit Optoelectronics and raise matching funds. The stock is suspended from trading
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Beijing JCZ Technology plans to acquire 55% equity of Changchun Samit Optoelectronics through a private placement and cash payment, and raise supporting funds. This transaction is expected not to constitute a major asset reorganization. The company's stock will be suspended from trading starting July 31, 2025, with an expected suspension period of no more than 10 trading days. Samit mainly engages in the research and development, production, and sales of optoelectronic instruments and equipment
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