ZOD announced that the company received a notice from its controlling shareholder, Zhejiang Provincial Transportation Investment Group Co., Ltd., regarding the planned major asset restructuring between Zhejiang Hu-Hang-Yong Expressway Co., Ltd. and Zhejiang ZOD Development Co., Ltd. The transaction will involve Zhejiang Hu-Hang-Yong issuing A-shares to all shareholders of the company in exchange for a merger. The company's A-shares, convertible bonds, and their conversion will be suspended from trading starting at the market opening on August 20, 2025, with the suspension expected to last no more than 10 trading days