Jianyan Institute announced on September 29 that it had received notice from a related party that the party is planning a major matter involving the company. Trading in the company's shares will be suspended from market open on September 30, 2026, with the suspension expected to last no more than two trading days. The company said the major matter is still in the planning stage, the specific plan is still under discussion and review, and there remains considerable uncertainty over whether it can be implemented. Jianyan Institute's main business is engineering technology services and the production and sale of new building materials. In the first half of this year, it achieved revenue of 303 million yuan, a year-on-year decrease of 6.54 percent, and a net loss attributable to the parent company of 6.13 million yuan, with the loss widening by 291.75 percent year-on-year. As of the close on September 29, Jianyan Institute reported 5.19 yuan per share, up 1.17 percent, with a total market value of 2.58 billion yuan.
Suzhou Institute of Building Science Group Co LtdJianyan Institute announced a major matter involving the company, suspending trading; the plan is uncertain and details undisclosed.
