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Core Viewpoint - The company, Guanshang Technology, is planning to issue shares to acquire assets and raise matching funds, leading to a temporary suspension of its stock trading starting December 22, 2025, due to uncertainties surrounding the transaction [2][5]. Group 1: Transaction Details - The company is in the process of planning a significant asset restructuring involving the acquisition of Liao Jing Electronics Technology Co., Ltd., which has a registered capital of 57 million yuan and operates in integrated circuits, electronic components, and microelectronics [5][6]. - The company aims to disclose the transaction plan within 10 trading days, by January 7, 2026, in accordance with relevant disclosure regulations [5]. - A framework agreement has been signed with the main transaction counterparties, who hold a combined 67.69% stake in Liao Jing Electronics, although the final transaction parties are yet to be confirmed [6]. Group 2: Company Performance - In the third quarter, Guanshang Technology 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, reflecting a year-to-date increase of over 60% [7].