KDTECH plans to change control rights, with a suspension period expected to not exceed 2 trading days
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KDTECH announced that its controlling shareholder Shen Jialiang is planning to transfer 26%-29% of his shares to a state-owned holding enterprise, which may lead to a change in the company's control. This matter requires approval from the State-owned Assets Supervision and Administration and other departments. The company's stock will be suspended from trading starting September 1, 2025, with the suspension expected to last no more than 2 trading days
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