Chenan Technology: Planning to issue stocks to specific investors and continue the trading suspension for change in control.

date
01/12/2025
Announcement from Chen'an Technology: The company is currently planning to issue A-shares to Hefei State-owned Capital Venture Investment Co., Ltd., which may result in a change in the company's control. The company's stock was halted on November 28, 2025, with the original expectation that the halt would not exceed 2 trading days. As of the disclosure date of this announcement, all parties involved are actively progressing with the necessary work for this transaction. The company anticipates that it will not be able to resume trading on December 2, 2025, so the stock will continue to be halted starting from the opening of trading on December 2, 2025, with the expected halt not exceeding 3 trading days.