Planning a change of control, Fulin Transportation will be suspended from trading starting March 26.

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Beijing Business Daily News (Reporters Ma Huanhuan and Li Jiaxue) On the evening of March 25, Fulin Yunye (002357) disclosed an announcement stating that on that day, the company received a written notice from its controlling shareholder, Yongfeng Group Co., Ltd., informing the company that it is currently preparing a transfer of the company’s shares. The matter may result in a change in the company’s controlling shareholder and actual controller. The company’s stock has been suspended from trading starting March 26, and the expected suspension period will not exceed 2 trading days.

Fulin Yunye stated that during the trading suspension period, the company will, in accordance with the progress of the matter, strictly fulfill its information disclosure obligations in compliance with laws and regulations. After the above matters are determined, the company will promptly disclose the relevant announcements and apply for the resumption of trading of the company’s stock.

Trading market data shows that on March 25, Fulin Yunye rose by 6.87% and closed at 14.46 yuan per share, with a total market value of 4.533 billion yuan.

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