Jiaotong Sino to Acquire 60.28% Stake in Beijing Jiaotong Xinxi; Stock Resumes May 26

GateNews
According to an announcement on May 25, Jiaotong Sino plans to issue shares to acquire a 60.28% stake in Beijing Jiaotong Xinxi Technology from multiple shareholders, with intentions to hold 100% ownership upon transaction completion. The target company operates in the rail transit private network communication sector. The company's stock, suspended since May 12, will resume trading on May 26.
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