Zheng Quan Shi Bao·2025-12-21 08:34Group 1 - The company, Guanshang Technology, announced a suspension of its stock trading starting December 22, 2025, due to the planning of a share issuance to acquire assets and raise supporting funds, which carries uncertainties [2] - The company expects to disclose the transaction plan within 10 trading days, by January 7, 2026, in accordance with relevant disclosure guidelines [5] - If the company fails to disclose the transaction plan by the deadline, trading will resume on January 7, 2026, and the company will provide updates on the planning activities during the suspension [5] Group 2 - The target of the acquisition is Liao Jing Electronics Technology Co., Ltd., which has a registered capital of 57 million yuan and is involved in integrated circuits, electronic components, and microelectronics [6] - The company is currently in discussions with shareholders of Liao Jing Electronics, who collectively hold 67.69% of the company's shares, although the final transaction parties have not yet been determined [6] - A framework agreement for the acquisition has been signed with the main transaction parties, outlining the intention to purchase assets, with specific terms to be finalized in a formal agreement [6] Group 3 - Guanshang Technology, established in 2009, focuses on research and development in computer hardware and software, particularly in the military industry, providing lifecycle management systems and smart equipment control modules [7] - In the third quarter, the company reported revenue of 24.32 million yuan, a slight decrease of 1.72%, and a net loss attributable to shareholders of 663,600 yuan [7] - As of December 19, 2025, the company's stock price increased by 3.35% to 69.05 yuan per share, with a total market capitalization of 5.524 billion yuan, and the stock has risen over 60% year-to-date [7]