SongYang(SH:603863) Zheng Quan Zhi Xing·2025-07-03 17:08Core Viewpoint - The company has terminated the planning of a change in control and will resume trading on July 4, 2025, after a brief suspension due to negotiations that did not reach an agreement [1][2]. Group 1: Stock Suspension - The company's stock was suspended on June 26, 2025, due to the potential change in control initiated by the controlling shareholder, Wang Zhuangpeng [1]. - The stock continued to be suspended on July 1, 2025, as negotiations were ongoing, with an expected suspension period of no more than three trading days [2]. Group 2: Termination of Control Change Planning - The termination of the control change planning was due to the inability of the controlling shareholder and the counterparty to reach an agreement on key terms [2]. - The decision to terminate was made to protect the interests of all shareholders, and no substantial agreements were signed by the parties involved [2]. - The company stated that the termination would not have a significant adverse impact on its operational performance and financial condition [2][4]. Group 3: Resumption of Trading - The company applied for the resumption of trading, which is scheduled for July 4, 2025, in accordance with relevant regulations [4]. - The company emphasized that its business operations remain normal and that the termination of the control change planning will not negatively affect its financial status [4].