Jiaotong Sinuo's move is quite aggressive, directly acquiring 60% of Beijiao Xintong's equity and then raising additional funds, with dual drivers of dedicated network communication and rail transit. The stock's performance after resumption is worth watching.

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Jiaoda Sino: Plans to acquire 60.28% equity of Beijing Exchange Xintong, stock resumes trading
Jiaoda Sino plans to acquire 60.28% of Beijiao Xintong's equity through issuing shares and cash, and to raise supporting funds by issuing shares to 35 specific investors. After completion, it will hold 100% of Beijiao Xintong's equity. Beijiao Xintong focuses on the research, production, and sales of products related to dedicated rail transit communication networks. This move is expected to enhance the company's market position in the rail transit sector and achieve product diversification. The company's stock has been suspended since May 12 and resumed trading on May 26.
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