Jingce Electronics to Suspend Trading From July 9 on Planned Share-and-CB Deal for Shanghai Jingce Semiconductor Stake
2026-07-08 11:55:00
Jingce Electronics said it is planning to issue shares, convertible bonds and use cash to acquire part of the equity in its controlled subsidiary Shanghai Jingce Semiconductor Technology Co., Ltd., while also raising supporting funds, a transaction it expects to constitute a major asset restructuring and a related-party transaction, according to Jiemian News. The company said its A-shares and related derivatives, including its convertible bonds, will be suspended from the market open on July 9, 2026, citing uncertainty around the matter and Shenzhen Stock Exchange rules.
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