On April 24, Suao Sensing announced that Mr. Li Hongqing, the controlling shareholder and actual controller of the company, was planning matters related to the change of control of the company. In order to ensure fair information disclosure, safeguard the interests of investors, and avoid abnormal fluctuations in the company’s stock price, the company’s shares will be suspended from April 25, 2025, and the suspension time is expected to be no more than 2 trading days. There is still uncertainty as to whether the transaction can be finalized and the results of the implementation will be completed.
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Suoao Sensor: Controlling shareholder plans to change company control, stock suspension.
On April 24, Suao Sensing announced that Mr. Li Hongqing, the controlling shareholder and actual controller of the company, was planning matters related to the change of control of the company. In order to ensure fair information disclosure, safeguard the interests of investors, and avoid abnormal fluctuations in the company’s stock price, the company’s shares will be suspended from April 25, 2025, and the suspension time is expected to be no more than 2 trading days. There is still uncertainty as to whether the transaction can be finalized and the results of the implementation will be completed.