ST Huawei: The controlling shareholder is currently planning the transfer of shares agreement. It is expected that trading will remain suspended for no more than 3 trading days.

date
20/06/2025
ST Huawei Announcement: In order to promote the resolution of the company's fund occupation and normative delisting risks, the controlling shareholder Shanghai Pengsheng is planning the transfer of the shares it holds in the company through an agreement. This matter may result in a change in the company's control. The company's stock has been suspended from trading since June 19, 2025, and the suspension is expected to last no more than 2 trading days. As of the date of this announcement, the above matter is still under planning, and the company is expected to not resume trading starting from June 23, 2025. The suspension is expected to continue until June 23, 2025, with an estimated total suspension period of no more than 3 trading days.