MEICHEN SCI & TECH.: The controlling shareholder Weifang Guotou Company is strategically restructuring with Weifang State-owned Assets Management Group

MEICHEN SCI & TECH. announced that the company has received a notice from its controlling shareholder, Weifang Guotou Company, stating that Weifang Guotou Company is undergoing a strategic restructuring with Weifang State-owned Assets Management Group and has signed a merger agreement. The restructuring aims to optimize the strategic layout of state-owned capital in the city, improve resource allocation efficiency, and enhance the core competitiveness of enterprises. The restructuring will not lead to changes in the company's controlling shareholder or actual controller, nor will it affect the company's normal production and business activities. Before and after the restructuring, the company's controlling shareholder remains Weifang Guotou Company, and the actual controller is still the Weifang State-owned Assets Supervision and Administration Commission