Chenan Technology announced that the company plans to issue shares to the specified target Hefei State-owned Capital Venture Capital Co., Ltd., with an amount of 30% of the company's total share capital before issuance. If successfully completed, Hefei SDIC will hold 28.85% of the company's shares and become the controlling shareholder. The number of shares held by China Telecom Group Investment Co., Ltd., the current controlling shareholder of the company remains unchanged, and will continue to be empowered in collaboration as an important shareholder in the future. After this issuance, the controlling shareholder of the company will be changed to Hefei SDIC, and the actual controller will be changed to the Hefei Municipal State-owned Assets Administration Commission. Trading of the company's shares has resumed since the opening of the market on December 3, 2025.

Chenan Technology announced that the company plans to issue shares to the specified target Hefei State-owned Capital Venture Capital Co., Ltd., with an amount of 30% of the company's total share capital before issuance. If successfully completed, Hefei SDIC will hold 28.85% of the company's shares and become the controlling shareholder. The number of shares held by China Telecom Group Investment Co., Ltd., the current controlling shareholder of the company remains unchanged, and will continue to be empowered in collaboration as an important shareholder in the future. After this issuance, the controlling shareholder of the company will be changed to Hefei SDIC, and the actual controller will be changed to the Hefei Municipal State-owned Assets Administration Commission. Trading of the company's shares has resumed since the opening of the market on December 3, 2025.