Group 1 - The core point of the article is that Changan Technology is planning to issue A-shares to Hefei State-owned Capital Venture Investment Co., Ltd. to deepen cooperation and promote high-quality development, which may lead to a change in control of the company [1] - The stock of Changan Technology will be suspended from trading starting November 28, 2025, for a period not exceeding two trading days due to the uncertainty surrounding the issuance [1] - Hefei State-owned Capital currently holds 7.22% of Changan Technology's shares, and the controlling shareholder, China Telecom Group Investment Co., Ltd., will maintain its shareholding post-issuance [1] Group 2 - Hefei State-owned Capital is recognized as a prominent venture capital firm in China, having invested in well-known projects such as BOE Technology Group [2] - As of December 31, 2024, Hefei Construction Investment Holding Group Co., Ltd. has total consolidated assets of 741.301 billion and net assets of 247.669 billion, ranking among the top three in the national urban investment companies [2] - If the private placement by Changan Technology is successfully completed, Hefei Construction Investment is expected to add another listed company to its portfolio [3] Group 3 - On November 27, 2025, Changan Technology's stock opened significantly higher, reaching a peak increase of over 14%, but closed at 26.20 yuan per share, down 2.42%, with a market capitalization of 6.1 billion [4]
300523,即将停牌,“最牛风投”又出手