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According to Xinhua Media's announcement, the company plans to purchase a controlling interest in Shanghai Interface Finance Association Technology Co., Ltd. by issuing shares. It is expected to constitute a major asset restructuring and not a restructuring listing. The counterparties include Shanghai Newspaper Group Culture New Media Investment Management Co., Ltd., a wholly-owned subsidiary of Shanghai Newspaper Group, the controlling shareholder, etc., and this transaction constitutes a related transaction. Trading of the company's shares has been suspended since the opening of the market on September 7, 2026, and will continue to be suspended since the opening of the market on September 8. The cumulative suspension period is expected to be no more than 10 trading days. Currently, the deal is still in the planning stage, and no formal transaction agreement has been signed. The specific plan is still being discussed and approved, and there is uncertainty.

Zhitongcaijing·09/07/2026 11:09:02
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According to Xinhua Media's announcement, the company plans to purchase a controlling interest in Shanghai Interface Finance Association Technology Co., Ltd. by issuing shares. It is expected to constitute a major asset restructuring and not a restructuring listing. The counterparties include Shanghai Newspaper Group Culture New Media Investment Management Co., Ltd., a wholly-owned subsidiary of Shanghai Newspaper Group, the controlling shareholder, etc., and this transaction constitutes a related transaction. Trading of the company's shares has been suspended since the opening of the market on September 7, 2026, and will continue to be suspended since the opening of the market on September 8. The cumulative suspension period is expected to be no more than 10 trading days. Currently, the deal is still in the planning stage, and no formal transaction agreement has been signed. The specific plan is still being discussed and approved, and there is uncertainty.