Is the acquisition of assets sourced from Shudao Group? Xinzhu Co., Ltd. responds.

Jin10 data reported on May 26th that Xinzhu Co., Ltd. announced a temporary suspension of its stock in the morning. According to the disclosure, the company plans to issue shares to acquire assets, and trading will resume after the company discloses relevant announcements through designated media. It is worth noting that the controlling shareholder of Xinzhu Co., Ltd. is Shudao Investment Group Co., Ltd. Some investors speculate that Xinzhu Co., Ltd. may acquire assets under Shudao Group due to this suspension. A reporter called the listed company as an investor, and the staff stated that the announcement regarding the acquisition target assets may be released at midday, and specific information about the target should be based on the announcement.

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