*ST Huarong (600421.SH): Changes in company ownership, trading suspended from August 5th*

Chinatimes Financial News APP News, *ST Huarong (600421.SH) announced that the company's controlling shareholder Zhejiang Hengshun Investment Co., Ltd. and its concerted action person Shanghai Tianji Investment Co., Ltd. are planning a major event, which may result in a change in the company's controlling rights. The company's stock will be suspended from trading starting from August 5, 2025 (Tuesday), and the expected suspension period will not exceed 2 trading days.