EmbedWay(SH:603496) Shang Hai Zheng Quan Bao·2025-09-16 20:05Core Viewpoint - Hengwei Technology (Shanghai) Co., Ltd. is planning to acquire 75% of Shanghai Shuhang Information Technology Co., Ltd. through a combination of issuing shares and cash payment, while also raising supporting funds [3][6]. Group 1: Suspension of Trading - The company's stock will be suspended from trading starting September 17, 2025, for a period not exceeding 10 trading days due to the planned acquisition [4]. - The suspension is aimed at ensuring fair information disclosure and maintaining investor interests, preventing abnormal stock price fluctuations [4]. Group 2: Transaction Details - The acquisition is expected to not constitute a major asset reorganization based on preliminary assessments, but if delayed, it may trigger such classification [3]. - The transaction will not lead to changes in the company's controlling shareholder or actual controller, and it is not classified as a related party transaction [3]. Group 3: Transaction Parties - The preliminary identified parties for the transaction include Zhang Jisheng and several investment partnerships, but the final list of transaction parties is yet to be confirmed [5]. Group 4: Intent and Future Steps - An investment letter of intent has been signed with the actual controller of the target company, outlining the intention to purchase 75% of the shares [7]. - The specific transaction terms will be based on an asset valuation report from a qualified appraisal agency and will be finalized through further negotiations [7].