Zhi Guang Electric announced that its stock will be suspended from trading starting September 29, 2025 (Monday).
On the evening of September 28, 2025, Zhi Guang Electric (SZ 002169), which closed at 8.03 yuan, released an announcement stating that Guangzhou Zhi Guang Electric Co., Ltd. is planning to acquire all or part of the minority equity of its subsidiary, Guangzhou Zhi Guang Energy Technology Co., Ltd., through the issuance of shares and cash payments. The company also intends to raise supporting funds through a share issuance.
According to preliminary calculations, this transaction is not expected to constitute a major asset restructuring as defined by the Administrative Measures for Major Asset Restructuring of Listed Companies. Additionally, it is not expected to be considered a related party transaction under the Stock Listing Rules of the Shenzhen Stock Exchange, nor will it lead to a change in the company’s actual controller. It is also anticipated that this will not result in a restructuring listing.
As this transaction is still in the planning phase, there are uncertainties regarding the details. To ensure fair information disclosure and protect investor interests, and to avoid significant impacts on the company’s stock trading, the company has applied for a trading suspension. The stock will be suspended starting September 29, 2025, for an estimated duration of no more than 10 trading days. The company expects to disclose relevant information in accordance with the Guidelines for the Content and Format of Information Disclosure by Companies Offering Securities to the Public No. 26 – Major Asset Restructuring of Listed Companies before October 21, 2025, and will apply for the resumption of trading.
For the first half of 2025, Zhi Guang Electric’s revenue composition was as follows: Electrical Equipment accounted for 82.39%, while Comprehensive Energy Services made up 17.61%. As of the time of this report, Zhi Guang Electric has a market capitalization of 6.3 billion yuan.
Disclaimer: The contents and data presented are for reference only and do not constitute investment advice. Please verify before acting on any information provided, as risks are borne by the user.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/zhiguang-electric-announces-stock-suspension-starting-september-29-2025-amid-strategic-acquisition-plans/
