Huiding Technology: Plans to acquire Yunying Valley Technology assets, stock trading suspended from November 25th

Jinshi data news on November 22nd, Universal Technology announced that the company is planning to purchase the controlling rights of Cloud Eagle Valley Technology through the issuance of shares and payment of cash, and raise supporting funds. As the matter is still in the planning stage and there is uncertainty, in order to safeguard the interests of investors, the company's stock will be suspended from November 25, 2024, with the suspension period expected not to exceed 10 trading days. The company will fulfill its disclosure obligations according to the progress of the transaction and apply for resumption of trading after the matter is confirmed. This transaction is not expected to constitute a major asset restructuring or related party transaction, and will not result in a change of the actual controller. Investors are requested to follow the subsequent announcements.