According to the Zhitong Finance APP, XINZHU CORPORATION (002480.SZ) announced that the company is planning to sell assets and issue shares to purchase assets, and may raise supporting funds depending on the specific situation (referred to as "this transaction"). Due to the uncertainty of related matters, in order to protect the interests of investors and avoid significant impacts on the company's securities trading, according to the relevant regulations of the Shenzhen Stock Exchange, upon the company's application, the company's securities will be suspended from trading starting from the opening of the market on May 26, 2025. The suspension is expected to last no more than ten trading days.

On May 23, 2025, the company received a letter from its controlling shareholder, Shudao Investment Group Co., Ltd. (referred to as "Shudao Group"), regarding the planning of a major asset restructuring. In order to quickly resolve the industry competition issue between Sichuan Shudao Clean Energy Group Co., Ltd., controlled by Shudao Group, and the company, Shudao Group intends to restructure assets with the company by exchanging 60% equity of Sichuan Shudao Clean Energy Group Co., Ltd. held by it. The company will purchase the 60% equity of Sichuan Shudao Clean Energy Group Co., Ltd. through the issuance of shares and cash payment; at the same time, the company will sell 100% equity of Sichuan Development Maglev Technology Co., Ltd. and the debts it holds to Sichuan Shudao Rail Transit Group Co., Ltd., and sell 100% equity of Chengdu XINZHU Transportation Technology Co., Ltd. and the debts it holds to Sichuan Road and Bridge Construction Group Co., Ltd. (or its designated subsidiary), and may raise supporting funds depending on the specific situation. This transaction is expected to constitute a major asset restructuring and related party transaction for the company, without involving a change in the actual controller