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Zhiyang Innovation: Plans to acquire control of Lingming Photonics, stock trading halted
Zhiyang Innovation Announcement: The company is planning to acquire control of Shenzhen Lingming Photonic Technology Co., Ltd. through methods such as issuing RMB ordinary shares, privately issuing convertible corporate bonds (if any), and paying cash (if any), while also proposing to raise supporting funds. This transaction is expected to constitute a major asset restructuring and is also expected to be a related-party transaction. The company’s stock will be suspended from trading starting from the market opening on February 4, 2026, with an expected suspension period of no more than 5 trading days.