Huahe Corporation: Planning for a change in controlling ownership of the company. Stock trading suspended.

Huahe Corporation announced that the company has received a notification from its controlling shareholder Ningbo Yinyi Holdings Limited, stating that they are planning matters related to the transfer of equity, which may result in a change of the company's controlling shareholder and actual controller. The company's stock will be suspended from trading from the morning of July 31, 2025, and the suspension period is expected to not exceed 2 trading days.