Xintian Technology Control May Change Hands; Shares Halted From July 27

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Summary · why it matters

Xintian Technology has received notice from its controlling shareholder and actual controller, Shi Weiping, that he is proceeding with plans to transfer his holdings in the company. This matter could lead to a change in the company's controlling shareholder and actual controller. Currently, the relevant transaction parties are conducting assessments and negotiations on core aspects such as the specific transaction plan, transaction price, and agreement terms. Trading in the company's shares will be suspended from the market open on July 27, 2026, with the halt expected to last no more than two trading days.

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