Shengtong Energy announced that trading of the company's shares will continue to be suspended since the opening of the market on December 9, 2025, and is expected to be suspended for no more than 3 trading days. Mr. Wei Jisheng, the controlling shareholder and actual controller of the company, has signed the “Letter of Intent to Transfer Shares of Shengtong Energy Co., Ltd.” This matter may cause changes in the controlling shareholder and actual controller of the company. As of the disclosure date of this announcement, all parties concerned are actively advancing all aspects of this transaction. The overall plan is still being negotiated, the parties to the transaction have not yet signed a formal agreement, and the company does not expect to resume trading on the morning of December 9, 2025.

Shengtong Energy announced that trading of the company's shares will continue to be suspended since the opening of the market on December 9, 2025, and is expected to be suspended for no more than 3 trading days. Mr. Wei Jisheng, the controlling shareholder and actual controller of the company, has signed the “Letter of Intent to Transfer Shares of Shengtong Energy Co., Ltd.” This matter may cause changes in the controlling shareholder and actual controller of the company. As of the disclosure date of this announcement, all parties concerned are actively advancing all aspects of this transaction. The overall plan is still being negotiated, the parties to the transaction have not yet signed a formal agreement, and the company does not expect to resume trading on the morning of December 9, 2025.