Kuangda Technology: Controlling shareholder plans to transfer shares leading to a change in control, stock trading will be suspended for no more than 2 trading days.

Kuangda Technology announced at noon that the company received a notice from its controlling shareholder and actual controller Shen Jieliang on August 30, 2025, stating that he is planning to transfer the company's shares he holds. Shen Jieliang intends to transfer his 26%-29% of the company's total share capital to a state-owned holding company, which may result in a change of control of the company. The company's stock will be suspended from trading starting from September 1, 2025, with an expected suspension period of not more than 2 trading days.