Wuhan Lincontrol Automotive Electronics Co., Ltd. (688667.SH) is planning to issue additional shares for the purpose of acquiring assets, and will continue to be suspended from trading starting from January 23rd.

Wuhan Lincontrol Automotive Electronics Co., Ltd. (688667.SH) announced that the company is planning to purchase 51%-100% equity of Jiangsu Oyix Automotive Electronics Technology Co., Ltd. by issuing shares and paying cash. As of the date of this announcement, the relevant parties are actively progressing with the various work of this transaction, and the company expects that trading of its stock will not resume starting from the morning of January 23, 2025 (Thursday). Due to the significant uncertainties in the above matters, and in order to ensure fair information disclosure, protect the interests of investors, and avoid significant impact on the company's stock price, the company has applied to the Shanghai Stock Exchange in accordance with relevant regulations such as the "Shanghai Stock Exchange Listed Company Self-Regulation Supervision Guidelines No. 4 - Suspension and Resumption of Trading", and the company's stock (stock abbreviation: Wuhan Lincontrol Automotive Electronics Co., Ltd., stock code: 688667) will continue to be suspended from trading starting from the morning of January 23, 2025 (Thursday), with the expected suspension period not exceeding 5 trading days.