CHUNHUI INTELLIGENT CONTROL: Plans to purchase assets, stock suspended

CHUNHUI INTELLIGENT CONTROL announced that the company is planning to acquire assets through the issuance of shares and cash payment. Due to the uncertainty of the related matters, the company's stock will be suspended from trading starting from the opening of the market on March 5, 2025. It is expected that the transaction plan will be disclosed within no more than 10 trading days, specifically by March 19, 2025, in accordance with relevant regulations. If the company fails to hold a board meeting to review and disclose the transaction plan within the aforementioned timeframe, the company's securities will resume trading at the latest from the opening of the market on March 19, 2025, and the planning of related matters will be terminated. At the same time, the company will disclose the main work, progress of the matters, impact on the company, and subsequent arrangements during the suspension period, fully highlighting the risks and uncertainties of the related matters, and committing not to plan any major asset restructuring matters for at least one month from the date of disclosing the relevant announcement