Announcement on Progress in Controlling Shareholder's Planned Change of Control and Resumption of Stock Trading

About this update from Jiangsu Changling Hydraulic Co., Ltd. Class A

As a material progress has been made regarding the significant matter under planning by Mr. Xia Jifa and Mr. Xia Zemin, the controlling shareholder and actual controller, the company has applied to the Shanghai Stock Exchange for the resumption of trading of its shares pursuant to relevant regulations. The company's shares will resume trading at the market opening on July 11, 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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