Wuhan Lin(SH:688667) Shang Hai Zheng Quan Bao·2026-02-12 19:26Core Viewpoint - The company, Wuhan Lingdian Automotive Control System Co., Ltd., has decided to terminate the issuance of shares and cash payment for asset acquisition, and has withdrawn the application documents related to this transaction [1]. Group 1: Termination of Transaction - The company's board of directors approved the termination of the transaction on January 30, 2026, and authorized the management to handle all matters related to the termination [1]. - The specific details of the termination were disclosed on January 31, 2026, on the Shanghai Stock Exchange website [1]. Group 2: Insider Trading Investigation - The company conducted an investigation into the trading activities of insiders related to the terminated transaction, covering a period from May 29, 2025, to January 31, 2026 [2]. - The investigation included various parties such as the company's actual controllers, directors, supervisors, senior management, and their immediate family members [2]. Group 3: Findings of Insider Trading - During the self-examination period, insiders who traded the company's stock provided explanations and commitments, asserting that their trading decisions were based solely on publicly available information and not on insider information [3][4][5][6][7][8]. - The independent financial advisor and legal advisor confirmed that the trading activities of the insiders did not constitute insider trading based on the findings of the investigation [10][11]. Group 4: Conclusion - The investigation concluded that there were no violations of insider trading regulations by the insiders during the specified period, and no other insiders engaged in stock trading activities [9].