Changyuan Donggu(603950.SH): Purchases 100% equity of Kanghao Mechanical and Electrical; stock will resume trading on April 8.

NightAirdropper · 2026-04-11T05:28:40+00:00

Changyuan Donggu plans to acquire 100% equity of Xiangyang Kanghao Mechanical and Electrical Engineering Co., Ltd. through share issuance and raise funds. The board of directors approved the relevant proposal, and the stock will resume trading on April 8. The target company focuses on the research and development and sales of heat exchange systems and diesel power units, and owns several high-tech enterprises.

NightAirdropper

2026-04-11 05:28:40

Abstract generation in progress

Gelonghui April 7th | Changyuan Donggu(603950.SH) announces that the company is planning to purchase 100% equity of Xiangyang Kanghao Mechanical and Electrical Engineering Co., Ltd. through issuing shares and raise supporting funds. On April 7, 2026, the company held the 15th meeting of the fifth board of directors, and approved the proposal on the “Proposal and its Summary” and other related proposals for this transaction. Since this transaction constitutes an associated transaction, the related directors have abstained from voting. According to the relevant regulations of the Shanghai Stock Exchange, upon application by the company, the company’s stock will resume trading from the opening of the market on April 8, 2026.

The target company is a high-tech enterprise specializing in the research and development, production, and sales of heat exchange systems and diesel power unit integration, and owns Wuhan Beiwod Heat Technology Group Co., Ltd. and Xiangyang Langhong Heat Technology Co., Ltd., two national-level specialized and innovative “Little Giant” enterprises.

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