Kuangda Technology: The stock will continue to be suspended for no more than 3 trading days.

date
02/09/2025
Kuangda Technology Announcement: The company's stock will continue to be suspended from trading from the morning of September 3, 2025, with an expected suspension period of no more than 3 trading days. Mr. Shen Jieliang, the controlling shareholder and actual controller of the company, intends to transfer his holdings of approximately 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. As of the date of this announcement, the trading parties are actively negotiating and preparing for the overall transaction plan, but a formal agreement has not yet been signed. During the suspension period, the company will strictly fulfill its disclosure obligations in accordance with relevant laws and regulations based on the progress of the matter.