Wuchan Zhongda subsidiary closer to New Third Board listing

Anhui Shunfu Precision Technology Co., Ltd. ("Shunfu Precision"), a controlled subsidiary of Wuchan Zhongda Group Co., Ltd., has received an acceptance notice from the National Equities Exchange and Quotations (NEEQ) for its application to be listed on the New Third Board. The acceptance indicates that Shunfu Precision's submitted application materials comply with the relevant requirements for public transfer of shares.

The decision to apply for listing on the New Third Board was approved by Wuchan Zhongda Group's office meeting and, according to internal regulations, did not require further approval from the company's board of directors or shareholders' meeting. Shunfu Precision is authorized to handle all related matters concerning the listing and public transfer of shares.

The company noted that the listing process for Shunfu Precision still requires further review by relevant regulatory authorities, and therefore, its completion remains uncertain. Wuchan Zhongda Group commits to adhering to legal and regulatory requirements and timely disclosing progress on the matter, urging investors to be aware of potential investment risks.