Observation Technology: Planning to issue shares to purchase assets and raise funds, stock trading will be suspended from tomorrow.

Guanxiang Technology announced that the company is planning to issue shares to purchase assets and raise matching funds. Due to the uncertainties surrounding these matters, in order to protect the interests of investors and avoid causing significant impact on the trading of the company's securities, trading of the company's stock will be suspended starting from December 22, 2025. It is expected that the details of the transaction will be disclosed within a period not exceeding 10 trading days. If the company fails to convene a board meeting to review and disclose the transaction plan within the above-mentioned deadline, trading of the company's securities will resume no later than January 7, 2026, and the related matters will be terminated.