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Announcement on Suspension of Planning Major Asset Restructuring

Announcement on Suspension of Planning Major Asset Restructuring

articleUcap Cloud Information Technology Co. Ltd. Class AAugust 8, 20255/news/announcement-on-suspension-of-planning-major-asset-restructuring-7
Announcement on Suspension of Planning Major Asset Restructuring

About this update from Ucap Cloud Information Technology Co. Ltd. Class A

Ucap Cloud Information Technology Co., Ltd. is currently planning to acquire the control rights of Shenzhen Kimtigo Semiconductor Co., Ltd. or its storage business assets through the issuance of shares and/or the payment of cash.According to the relevant regulations and upon the Company's application, the company's stock will be suspended from the opening of the market on August 11, 2025, and 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

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