Announcement on Suspension of Stock Trading for Planning of Change of Control Rights

About this update from Suzhou Kelida Building & Decoration Co., Ltd. Class A

Announcement on Suspension of Stock Trading for Planning of Change of Control Rights As the controlling shareholder of Suzhou Kelida Building & Decoration Co., Ltd., Suzhou Kelida Group Co., Ltd. intends to transfer all of its holdings of 100% equity in Kelida Group, as of the date of this announcement, the Kelida Group holds 111,677,942 non-tradable shares of Kelida, accounting for 18.74% of the company's total share capital. If the transfer is completed, it will result in a change in the company's control.Given that the aforementioned matters are still in the planning stage, there is still uncertainty involved. According to relevant regulations, upon application by the company, the company's shares will be suspended from January 5, 2026. The suspension period is expected not to exceed 2 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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