Is there a time limit for the suspension of the acquisition report of listed companies?

Due to time constraints, if a listed company suspends trading due to the planning of major asset restructuring, it shall promise that the suspension period shall not exceed 30 natural days in principle from the date when the announcement enters the major asset restructuring procedure to the date when the major asset restructuring plan or draft is first disclosed. If it is really necessary to postpone the resumption of trading, the listed company may apply for an extension of the resumption of trading in accordance with the relevant provisions of this Exchange before the expiration of the suspension period, and the cumulative suspension period shall not exceed 3 months in principle. Article 24 Regardless of whether the reorganization application is unconditionally passed, the financial adviser shall assist in sealing the application materials within 2 working days after the reorganization committee meeting. If the application for reorganization is conditionally passed, the financial adviser shall assist in sealing the application materials within 2 working days after implementing the opinions of the reorganization committee. After the sealing materials are verified by auditors and financial advisers, they shall be signed by auditors for confirmation.