Announcement on Suspension Due to Proposed Material Asset Reorganization

About this update from Sdic Zhonglu Fruit Juice Co., Ltd. Class A

SDIC Zhonglu Fruit Juice Co., Ltd. recently received a notice from its controlling shareholder, State Development and Investment Group Co., Ltd., regarding plans for significant asset restructuring involving the Company. The Company plans to issue shares to SDIC and other related parties to purchase the controlling interest of China Electronics Engineering Design Institute Co., Ltd., while simultaneously issuing shares to no more than 35 qualified specific entities to raise supporting funds.According to the relevant regulations of the Shanghai Stock Exchange and upon the Company's application, the Company's stocks will be suspended from trading starting at the beginning of the market on June 24, 2025. The suspension is expected to last no more than 10 trading days.The abstract is for reference only. Please refer to the full text of the announcement on the very day.Link of Full Text for Reference: View Attachment

View stock analysis, news, and events for Sdic Zhonglu Fruit Juice Co., Ltd. Class A