Suhau Fashion: The planning of the major asset swap is still ongoing.

Suhua Fashion announced that on December 8, 2025, the company received a "Notice of Asset Swap Planning" from Suhua Holdings Group, proposing an asset swap with the company. The proposed incoming asset is a 54% stake in Suhua Zhongjia Fashion, while the proposed outgoing assets are 100% equity in Shuntian Chemical Storage and a 2.27% equity in Jintai Futures. As of the announcement date, due diligence, financial audits, asset evaluations, and other work are ongoing. This transaction is still in the planning stage, carries uncertainties, and has not fully resolved the issue of competition with the same industry.