Gelonghui, December 9th丨Wuyang Automation (300420.SZ) announced that the company has recently received notifications from its controlling shareholder and actual controller, Mr. Hou Youfu and Ms. Cai Min, that they are planning a share transfer, which may involve a change in the company's control.

Given that the above matters still carry significant uncertainties, in order to ensure fair information disclosure, protect investors' interests, and avoid causing abnormal fluctuations in the company's stock price, in accordance with the relevant regulations such as the "Shenzhen Stock Exchange GEM Stock Listing Rules" and the "Self-regulatory Supervision Guideline No. 6 for Listed Companies by the Shenzhen Stock Exchange - Suspension and Resumption of Trading", the company has applied to the Shenzhen Stock Exchange for a suspension of trading for its stocks (stock abbreviation: Wuyang Automation, stock code: 300420) starting from December 9, 2024 (Monday) at the opening of the market, with the suspension expected to last no more than 2 trading days.