Announcement on Disclosing the Plan for Purchasing Assets by Issuing Shares and Paying Cash, Connected Transactions, and Resuming Trading of the Company's Stock

About this update from Wuhan Lincontrol Automotive Electronics Co., Ltd. Class A

The 24th Meeting of the 3rd Board of Directors and the 21st Meeting of the 3rd Board of Supervisors of Wuhan Lincontrol Automotive Electronics Co., Ltd. deliberated and approved the Proposal on Scheme for Issuing Shares and Paying Cash to Purchase Assets & Connected Transactions, the Proposal on Plan of Wuhan Lincontrol Automotive Electronics Co., Ltd. on Issuing Shares and Paying Cash to Purchase Assets & Related Party Transactions and Its Abstract, etc.Following the Company's application to the Shanghai Stock Exchange, its shares will resume trading when the market opens on February 6, 2025. The abstract is for reference only. Please refer to the full text of the announcement on the very day. Link of Full Text for Reference: View Attachment

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