Announcement on Suspension of Trading Due to Major Matters Planned by the Controlling Shareholder

About this update from Changzhou Shenli Electrical Machine Co. Ltd. Class A

On November 12, 2024, Changzhou Shenli Electrical Machine Incorporated Company received a notification from its controlling shareholder and actual controller, Mr. Chen Zhongwei, indicating that he is planning the transfer of the Company's shares, which may lead to changes in the controlling shareholder and actual controller of the Company.In accordance with relevant regulations, upon the Company's application, trading of the Company's stock will be suspended from the market opening on November 13, 2024, with an expected suspension period not exceeding 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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