Huakang shares: planning the issuance of shares and payment of cash to purchase assets, stock trading suspended

On October 25th, Jin10 Data reported that Huakang Stock Co., Ltd. announced that the company is planning to purchase all or part of the equity of Henan Yuxin Sugar Alcohol Co., Ltd. by issuing shares and paying cash. As the transaction is still in the planning stage and there is uncertainty, to ensure fair information disclosure, safeguard the interests of investors, and avoid abnormal fluctuations in the company's stock price, the company's A shares and convertible bonds will be suspended from trading from the morning of October 28, 2024, and the expected suspension time will not exceed 5 trading days. After the completion of the transaction, Yuxin Sugar Alcohol will become a subsidiary of the company.