Guangdong Songfa Ceramics announced that due to the planning of a major asset restructuring, the company's stocks will be suspended from September 30, 2024, and will continue to be suspended until October 8, 2024. It is expected that the suspension period will not exceed 10 trading days. This transaction plans to sell part or all of the assets and liabilities of the listed company through asset sales, asset exchanges, etc., and acquire a certain amount of equity of Hengli Heavy Industry or certain subsidiaries. The specific scope of the assets to be sold has not been determined, and the transaction method and scheme are still under negotiation and demonstration.