The February signing intent is only being announced now. The progress of the major asset restructuring has only reached the initial planning stage. The fact that trading has not been suspended indicates that expectations in the market are being managed acceptably.

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MarsBitNews
China-UK Technology: Planning a cash acquisition of no less than 51% of shares in UK-China Electric
Mars Finance News: On May 28, it was announced that Zhong Ying Technology stated that on February 26, the company signed an "Letter of Intent" with the shareholder of Yingzhong Electric, proposing to acquire at least 51% of its shares for cash and gain control, which is expected to constitute a major asset restructuring and is classified as a related-party transaction. It does not involve issuing shares, does not constitute a reorganization listing, and will not change the controlling shareholder and actual controller. As of the announcement date, the company and intermediaries are conducting due diligence, audits, and evaluations, and no formal documents have been signed by the transaction parties. This transaction is still in the preliminary planning stage, with uncertainties, and the company's stock will not be suspended. (Company Announcement)
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