Zhejiang Fenglong Electric Co.,Ltd. Halts Trading Amid Ownership Change; Stock Hits Limit-Up in Advance

Deep News12-17

Trading halted for ownership change! Zhejiang Fenglong Electric Co.,Ltd. (002931) saw its stock surge to the daily limit-up ahead of the announcement.

The company disclosed on the evening of December 17 that it received notice from its controlling shareholder, Zhejiang Chengfeng Investment Co., Ltd., and actual controller Dong Jiangang regarding a potential change in control. This development may lead to a shift in the company’s controlling shareholder and actual controller. Consequently, trading of the company’s shares will be suspended starting December 18, with the halt expected to last no more than two trading days.

Zhejiang Fenglong Electric Co.,Ltd. clarified that no formal agreement has been signed yet, and discussions are ongoing regarding specific transaction terms and agreements. The final outcome will depend on the terms of the official agreement. The matter remains subject to significant uncertainty during negotiations. During the suspension, the company will provide updates in compliance with regulatory requirements.

Notably, on December 17, the stock closed at the daily limit-up price of 19.68 yuan per share, bringing its total market capitalization to 4.3 billion yuan.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1135211457?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-17 21:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1135211457","market":"sh","top_or_hot":-1,"title":"Zhejiang Fenglong Electric Co.,Ltd. Halts Trading Amid Ownership Change; Stock Hits Limit-Up in Advance","media":"Deep News","content":"<p>Trading halted for ownership change! Zhejiang Fenglong Electric Co.,Ltd. (002931) saw its stock surge to the daily limit-up ahead of the announcement.</p>\n<p>The company disclosed on the evening of December 17 that it received notice from its controlling shareholder, Zhejiang Chengfeng Investment Co., Ltd., and actual controller Dong Jiangang regarding a potential change in control. This development may lead to a shift in the company’s controlling shareholder and actual controller. Consequently, trading of the company’s shares will be suspended starting December 18, with the halt expected to last no more than two trading days.</p>\n<p>Zhejiang Fenglong Electric Co.,Ltd. clarified that no formal agreement has been signed yet, and discussions are ongoing regarding specific transaction terms and agreements. The final outcome will depend on the terms of the official agreement. The matter remains subject to significant uncertainty during negotiations. During the suspension, the company will provide updates in compliance with regulatory requirements.</p>\n<p>Notably, on December 17, the stock closed at the daily limit-up price of 19.68 yuan per share, bringing its total market capitalization to 4.3 billion yuan.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zhejiang Fenglong Electric Co.,Ltd. Halts Trading Amid Ownership Change; Stock Hits Limit-Up in Advance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZhejiang Fenglong Electric Co.,Ltd. Halts Trading Amid Ownership Change; Stock Hits Limit-Up in Advance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2025-12-17 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Trading halted for ownership change! Zhejiang Fenglong Electric Co.,Ltd. (002931) saw its stock surge to the daily limit-up ahead of the announcement.</p>\n<p>The company disclosed on the evening of December 17 that it received notice from its controlling shareholder, Zhejiang Chengfeng Investment Co., Ltd., and actual controller Dong Jiangang regarding a potential change in control. This development may lead to a shift in the company’s controlling shareholder and actual controller. Consequently, trading of the company’s shares will be suspended starting December 18, with the halt expected to last no more than two trading days.</p>\n<p>Zhejiang Fenglong Electric Co.,Ltd. clarified that no formal agreement has been signed yet, and discussions are ongoing regarding specific transaction terms and agreements. The final outcome will depend on the terms of the official agreement. The matter remains subject to significant uncertainty during negotiations. During the suspension, the company will provide updates in compliance with regulatory requirements.</p>\n<p>Notably, on December 17, the stock closed at the daily limit-up price of 19.68 yuan per share, bringing its total market capitalization to 4.3 billion yuan.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"002931","symbol_name":"锋龙股份","start_time":0,"source_url":"","article_id":"1135211457","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1135211457","pubTimestamp":1765976423,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Trading halted for ownership change! Zhejiang Fenglong Electric Co.,Ltd. (002931) saw its stock surge to the daily limit-up ahead of the announcement. The company disclosed on the evening of December...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"002931":"锋龙股份","BK0251":"专用设备"},"translate_title":"浙江丰隆电器有限公司。因所有权变更而停止交易；股票提前涨停","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"002931":1},"content_text":"Trading halted for ownership change! Zhejiang Fenglong Electric Co.,Ltd. (002931) saw its stock surge to the daily limit-up ahead of the announcement.\nThe company disclosed on the evening of December 17 that it received notice from its controlling shareholder, Zhejiang Chengfeng Investment Co., Ltd., and actual controller Dong Jiangang regarding a potential change in control. This development may lead to a shift in the company’s controlling shareholder and actual controller. Consequently, trading of the company’s shares will be suspended starting December 18, with the halt expected to last no more than two trading days.\nZhejiang Fenglong Electric Co.,Ltd. clarified that no formal agreement has been signed yet, and discussions are ongoing regarding specific transaction terms and agreements. The final outcome will depend on the terms of the official agreement. The matter remains subject to significant uncertainty during negotiations. During the suspension, the company will provide updates in compliance with regulatory requirements.\nNotably, on December 17, the stock closed at the daily limit-up price of 19.68 yuan per share, bringing its total market capitalization to 4.3 billion yuan.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1135211457","isCrawlerRequest":true}