GongJin: The major shareholder's plan to transfer shares may lead to a change in the company's control, and the stock is suspended from trading
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According to the Zhitong Finance APP, GongJin announced that the company's major shareholder Tang Fonan and his concerted actors Cui Zhengnan, Wang Dawei, and his concerted actor Wang Danhua are planning a share transfer, which may lead to a change in the company's control. Given that the matter is still under negotiation and there is uncertainty, the company's stock will be suspended from trading starting from October 27, 2025 (Monday), with the suspension expected to last no more than 2 trading days
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