Zhongcheng Stock: Intends to purchase 100% equity of ZTE Jiangsu, with the stock being suspended for a maximum of 10 trading days.

Zhongcheng Co., Ltd. announced that the company plans to purchase 100% equity of Zhongji Jiangsu Clean Energy Co., Ltd. held by Zhongji Import and Export Group Co., Ltd. through the issuance of shares, and simultaneously raise supporting funds. This transaction constitutes a related party transaction, is not expected to constitute a major asset restructuring, and does not constitute a restructuring listing. The company's stock will be suspended from trading on May 16, 2025, and the suspension period is expected to not exceed 10 trading days.