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Zhiyang Innovation: Terminating Major Asset Restructuring Planning, Resuming Trading from February 26
Zhiyang Innovation Announcement: The company initially planned to acquire a controlling stake in Shenzhen Lingming Photonic Technology Co., Ltd. through the issuance of stocks, convertible bonds, and cash payments, as well as raising supporting funds. However, due to changes in the market environment, the two parties were unable to reach an agreement on key terms, and the decision was made to terminate the planning of this major asset restructuring. The company’s stock will resume trading from February 26, 2026.