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Taifu Pump Industry: Planning Change of Control, Company Stock Suspended from Trading
The Beijing News Shell Finance reported that on March 23, Taifu Pump Industry announced that the company’s actual controllers, Chen Yiwen and Lin Huifu, are planning matters related to a change in control of the company. This may lead to a change in the company’s controlling shareholder and actual controller. After applying to the Shenzhen Stock Exchange, the company’s stock and convertible bonds will be suspended from trading starting March 24, 2026, with an expected suspension period of no more than two trading days.