001285SZSE

Announcement on the Progress of Suspension for Issuing Shares to Purchase Assets and Related Transactions

✨ AI Summary

Guangzhou Ruili Kemi Automotive Electronics Co., Ltd. is planning to issue shares to acquire a 16% stake in its subsidiary, Wuhan Ruili Kedes Automotive Electronics Co., Ltd. Following the transaction, Wuhan Kedes will become a wholly-owned subsidiary. The company's stock will be suspended from trading starting February 9, 2026, for up to 10 trading days to protect investor interests.

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Full Translation

AI Translation· azure_openai
  1. Stock Code: 001285
    Stock Abbreviation: Ruili Kemi
    Announcement Number: 2026-005

Announcement on the Progress of Suspension for Issuing Shares to Purchase Assets and Related Transactions

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Guangzhou Ruili Kemi Automotive Electronics Co., Ltd. (hereinafter referred to as "the Company" or "Ruili Kemi") is planning to issue shares to purchase a 16% equity stake held by Cheng Yi in the Company's controlling subsidiary, Wuhan Ruili Kedes Automotive Electronics Co., Ltd. (hereinafter referred to as "Wuhan Kedes" or "the Target Company"), and related transactions (hereinafter referred to as "this transaction"). Upon completion of this transaction, Wuhan Kedes will become a wholly-owned subsidiary of the Company.

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