Yazhen Home: Termination of Planned Change of Control Matters, Stock Resumes Trading Tomorrow

Jinshi data news on November 21st, Yajia Home Furnishing announced that the controlling shareholder Shanghai Yajia Investment Co., Ltd. terminated the planned control change, and the company's stock will resume trading from November 22, 2024. During the suspension period, the controlling shareholder and the counterparty failed to reach a consensus. To safeguard the interests of all shareholders and the company, the controlling shareholder decided to terminate the control change. The relevant counterparty did not sign a substantive protocol on the specific plan of this transaction, and all parties do not need to bear any violation responsibility for terminating this transaction. The company's current business operations are normal, and the termination of this control change will not have a significant adverse impact on the company's operating performance and financial condition. If the company's 2024 financial indicators still cannot be effectively improved, there is a possibility of being subjected to delisting risk warning.