Hengshang Energy announced that the company plans to purchase 100% of Shenzhen Jinsheng Electronic Technology Co., Ltd.'s shares and raise supporting capital by issuing shares and paying cash, which is expected to constitute a major asset restructuring and related transaction. Trading of the company's shares was suspended from the opening of the market on June 16, 2026, and trading resumed from the opening of the market on July 1. As of the date of disclosure of the announcement, due diligence, audit, and evaluation of this transaction are progressing in an orderly manner, and the board of directors will be convened again to review and disclose the formal plan. The deal is still subject to multiple reviews and regulatory approvals, and there is uncertainty about whether and when it can be implemented.

Hengshang Energy announced that the company plans to purchase 100% of Shenzhen Jinsheng Electronic Technology Co., Ltd.'s shares and raise supporting capital by issuing shares and paying cash, which is expected to constitute a major asset restructuring and related transaction. Trading of the company's shares was suspended from the opening of the market on June 16, 2026, and trading resumed from the opening of the market on July 1. As of the date of disclosure of the announcement, due diligence, audit, and evaluation of this transaction are progressing in an orderly manner, and the board of directors will be convened again to review and disclose the formal plan. The deal is still subject to multiple reviews and regulatory approvals, and there is uncertainty about whether and when it can be implemented.