Shangwei New Materials: Controlling shareholder plans to change control rights, stock suspended trading

Jin10 data reported on July 1st, Shunwei New Materials announced that the company's controlling shareholder is planning a major matter that may lead to a change in the company's control. To ensure fair information disclosure, protect investors' interests, and avoid causing abnormal fluctuations in the company's stock price, the company's stock will be suspended from trading starting from the market opening on July 2, 2025, with the suspension expected to last no more than 2 trading days. During the suspension period, the company will fulfill its information disclosure obligations based on the progress of the matter.

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