Chenan Technology announced that the company is planning to issue A-shares to the specified target Hefei State-owned Capital Venture Capital Co., Ltd. This matter may cause changes in the company's control. The offering still needs to be reviewed and approved by the anti-monopoly department, the state-owned assets supervision and administration department, the company's board of directors and shareholders' meetings, reviewed and approved by the Shenzhen Stock Exchange, and registration with the China Securities Regulatory Commission. Due to significant uncertainty about the matter, trading of the company's shares will be suspended from November 28, 2025, and is expected to be suspended for no more than 2 trading days.

Chenan Technology announced that the company is planning to issue A-shares to the specified target Hefei State-owned Capital Venture Capital Co., Ltd. This matter may cause changes in the company's control. The offering still needs to be reviewed and approved by the anti-monopoly department, the state-owned assets supervision and administration department, the company's board of directors and shareholders' meetings, reviewed and approved by the Shenzhen Stock Exchange, and registration with the China Securities Regulatory Commission. Due to significant uncertainty about the matter, trading of the company's shares will be suspended from November 28, 2025, and is expected to be suspended for no more than 2 trading days.