Heren Technology: Terminates Planning for Change of Control Matters, Resumes Trading on the 2nd
He Ren Technology has terminated plans for a change in control, with its stock set to resume trading on June 2nd. The company's controlling shareholders and major stakeholders engaged in discussions with a potential counterparty, but ultimately could not reach a consensus on key terms. This decision is not expected to negatively impact the company's performance. Separately, Jin Kong Electric issued a statement regarding its stock's unusual price fluctuations, clarifying that it does not currently engage in computing power-related business and remains focused on its core thermal power generation operations. AI