China’s Dawning Information Industry Company (Sugon) and Hygon Information Technology announced plans for a strategic merger on May 25 to consolidate the country’s computing power ecosystem. The proposed deal involves a share swap, with Hygon set to issue shares to all A-shareholders of Sugon. A simultaneous capital raise is also planned to support the integration. Both companies halted trading on May 26, with the suspension expected to last no more than ten trading days.