DFZQ's stock surged 13.20% during intraday trading following the company's announcement of a major acquisition plan.

The significant price movement comes after DFZQ revealed it is formulating a plan to acquire 100% of Shanghai Securities Company Limited. The acquisition will be executed through the issuance of A-shares and cash payment, representing a strategic expansion move for the financial services firm.

In connection with this acquisition plan, the company's A-share trading has been suspended, with an expected suspension period not exceeding 10 trading days. The market has reacted positively to this corporate development, viewing the acquisition as a growth opportunity that could enhance DFZQ's market position and business prospects.