Huafeng Measurement and Control: Shareholders intend to inquire about transferring 2.9% of the shares.

Huafeng Measurement and Control announced that shareholder China Times Far Looking Technology Co., Ltd. intends to inquire about transferring 2.9% of its shares, with the reason for the transfer being its own capital needs. The shares held by the transferor have already been released from restrictions and the ownership is clear. The minimum transfer price for this inquiry shall not be less than 70% of the average stock trading price of the last 20 trading days prior to the sending of the subscription invitation letter. The transferee shall be an institutional investor with the corresponding pricing ability and risk tolerance.