千亿巨头，重大资产重组审核被终止

Core Viewpoint - Shenzhen Stock Exchange has terminated the review of Lingyi Zhizao's major asset restructuring related to the issuance of convertible bonds and fundraising [2][4]. Group 1 - On November 13, Lingyi Zhizao announced that the Shenzhen Stock Exchange issued a decision to terminate the review of its application for issuing convertible bonds to purchase assets and raise supporting funds [2]. - The application for issuing convertible bonds and cash payment for asset acquisition was initially accepted by the Shenzhen Stock Exchange on June 6, 2025, and was reviewed according to regulations [4]. - Lingyi Zhizao submitted an application to withdraw the proposal for issuing convertible bonds and raising funds, which was supported by its independent financial advisor, Guotai Junan Securities [4]. Group 2 - The company intended to acquire a 66.46% stake in Jiangsu Keda from eight trading parties, including Changzhou Yourong Automotive Technology Co., Ltd., through the issuance of convertible bonds and cash [4]. - Following discussions, Lingyi Zhizao decided to adjust the transaction price while maintaining control over Jiangsu Keda, changing the payment method to cash, which no longer constitutes a major asset restructuring [4]. - As of the market close on November 13, Lingyi Zhizao's stock price was 13.99 yuan per share, with a market capitalization of 102.2 billion yuan [5].