688585 停牌！

Core Points - The tender offer for Shandong Shunhua New Materials Co., Ltd. (688585.SH) has expired, leading to a one-day suspension of the company's stock trading on October 29, 2025 [2] - Shanghai Zhiyuan Hengyue Technology Partnership (Limited Partnership) has made a partial tender offer for 149 million shares, representing 37.00% of the total share capital, at a price of 7.78 yuan per share [2] - The tender offer period was from September 29, 2025, to October 28, 2025, and the company will resume trading on the day the results of the tender offer are announced [2] Company Information - As of the market close on October 28, 2025, the stock price of Shandong Shunhua New Materials was 108.21 yuan per share, with a total market capitalization of 43.648 billion yuan [2] - The company will closely monitor the progress of the tender offer during the suspension period and fulfill its information disclosure obligations as required [2]