Announcement on Suspension of Stock Trading Concerning Plan of Assets Purchase through Shares Issuance and Cash Payment

About this update from Wuhan Citms Technology Co. Ltd. Class A

The company is planning to purchase 100% equity of Xinghe Power (Beihai) Technology Co., Ltd. held by Shenzhen Xinghe Power Technology Co., Ltd. and raise Supporting Funds by issuing shares and paying cash.According to the relevant regulations of the Shanghai Stock Exchange and upon the Company's application, the Company's stocks will be suspended from trading starting at the beginning of the market on March 10, 2025. The suspension is expected to last no more than 5 trading days.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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