According to the Golden Orange announcement, the company plans to issue shares and pay cash to purchase 55% of Summit's shares and raise supporting capital, which is not expected to constitute a major asset restructuring, etc. Due to trading uncertainty, trading of the company's shares was suspended from the opening of the market on July 31, 2025 for no more than 10 trading days. On August 12, the board of directors of the company reviewed and passed the relevant bill, and stock trading resumed from the opening of the market on August 13. As of the date of disclosure of the announcement, audits, evaluations, etc. were carried out in an orderly manner. The deal is still subject to multiple approvals, and there is uncertainty.

Zhitongcaijing · 1d ago
According to the Golden Orange announcement, the company plans to issue shares and pay cash to purchase 55% of Summit's shares and raise supporting capital, which is not expected to constitute a major asset restructuring, etc. Due to trading uncertainty, trading of the company's shares was suspended from the opening of the market on July 31, 2025 for no more than 10 trading days. On August 12, the board of directors of the company reviewed and passed the relevant bill, and stock trading resumed from the opening of the market on August 13. As of the date of disclosure of the announcement, audits, evaluations, etc. were carried out in an orderly manner. The deal is still subject to multiple approvals, and there is uncertainty.