Announcement on Suspension of Trading Regarding the Planned Change of Control Rights

About this update from Hubei Huarong Holding Co., Ltd. Class A

On August 4, 2025, Hubei Huarong Holding Co., Ltd. received a notice from its controlling shareholder Zhejiang Hengshun Investment Co., Ltd. and its concerted party Shanghai Tianji Investment Co., Ltd., stating that Zhejiang Hengshun and Shanghai Tianji are planning an agreement-based transfer of the company’s shares, which may result in a change of control of the Company.According to relevant regulations, upon application by the company, the company's shares will be suspended from the opening of the market on August 5, 2025. 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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