Shang Hai Zheng Quan Bao·2025-11-07 19:44Core Viewpoint - Zhejiang Great Wall Electric Technology Co., Ltd. has announced the termination of its planned change of control due to a lack of consensus with the trading counterparties, leading to the resumption of trading on November 10, 2025 [1][2]. Group 1: Suspension and Resumption of Trading - The company's stock was suspended from trading on November 3, 2025, due to the potential change of control involving actual controllers Gu Linxiang and Shen Baozhu [1]. - The suspension was extended on November 5, 2025, as the company anticipated it could not resume trading on that date [1]. - Trading will resume on November 10, 2025, following the decision to terminate the planned change of control [2]. Group 2: Control Change Planning - The actual controllers engaged in discussions regarding the change of control but could not reach an agreement on key issues with the trading counterparties [2]. - The decision to terminate the planning of this significant matter was made after careful consideration of the involved issues [2].