Taifu Pump Industry: The controlling shareholders of the company are planning a change in controlling rights. The company's stock will continue to be suspended on March 26, 2026.

Taifu Pump Industry Announcement: The actual controlling persons of the company, Chen Yiwen and Lin Huifuren, are planning matters related to the change of control rights, which may result in changes in the company's controlling shareholders and actual controlling persons. The company's stocks and convertible bonds will be suspended from trading starting from March 24, 2026, and the suspension is expected to last no more than 2 trading days. On March 25, 2026, the company received notification from the actual controlling persons that all parties involved are actively advancing the various works of this transaction. The overall plan is still under negotiation and the parties to the transaction have not yet signed a formal agreement. The company expects that the resumption of trading will not be possible starting from March 26, 2026.