Baina Qiancheng announced that the company previously suspended trading of A-share shares when the market opened on December 16, 2025 due to plans to issue shares and pay cash to purchase assets and raise supporting capital. In 2025, the 27th meeting of the 5th board of directors deliberated and passed the transaction related bill. Trading of the company's shares will resume from the opening of the market on December 26. Since the audit and evaluation have not been completed, a shareholders' meeting will not be held for the time being, and related work will be completed before proceeding. The transaction is subject to multiple levels of review, and it is uncertain whether it will be approved or when.

Baina Qiancheng announced that the company previously suspended trading of A-share shares when the market opened on December 16, 2025 due to plans to issue shares and pay cash to purchase assets and raise supporting capital. In 2025, the 27th meeting of the 5th board of directors deliberated and passed the transaction related bill. Trading of the company's shares will resume from the opening of the market on December 26. Since the audit and evaluation have not been completed, a shareholders' meeting will not be held for the time being, and related work will be completed before proceeding. The transaction is subject to multiple levels of review, and it is uncertain whether it will be approved or when.