Sufa Technology Industry (000777.SZ) plans to issue additional shares to purchase 71.97% equity of China Nuclear West Instrument, integrate nuclear industrial equipment manufacturing business, and will be suspended from trading on December 30th.

Sufa Technology Industry (000777.SZ) issued an announcement that, in order to further integrate the nuclear industry equipment manufacturing business and promote the high-quality development of the listed company, the company has received a notification from China National Nuclear Corporation (referred to as "CNNC") and is planning to issue shares to purchase assets and raise funds for an associated transaction. According to the "Regulations on Major Asset Restructuring of Listed Companies" and other relevant laws and regulations, this transaction is expected to constitute a major asset restructuring and a related party transaction, but it will not result in a change of the company's actual controller. The target of this transaction is Xi'an CNNC Nuclear Instruments Co., Ltd. This transaction is still in the planning stage, and it has been preliminarily determined that China National Nuclear Power Engineering Co., Ltd. will purchase 71.97% of the equity of CNIC Nuclear Instruments held after being transferred by China National Nuclear Corporation through the issuance of shares. The transaction intentions of other shareholders have not been finalized yet. According to the relevant regulations of the Shenzhen Stock Exchange, upon the company's application, the company's securities will be suspended from trading starting from the opening of the market on Monday, December 30, 2024.