MCC Meili Cloud Computing: Share enforcement halted after bankruptcy application

MCC Meili Cloud Computing Industry Investment Co., Ltd. announced that its major shareholder, MCC Paper Industry Group Co., Ltd., is facing judicial enforcement proceedings. Previously, on September 15, 2025, the company disclosed that MCC Paper Industry's shares would be subject to judicial forced execution.

China Agricultural Bank Co., Ltd. Beijing Shijingshan Branch applied for the forced execution, intending to dispose of 6,952,630 shares held by MCC Paper Industry, representing 1.00% of the company's total share capital. However, on September 19, 2025, the Zhongwei City Intermediate People's Court accepted a creditor's application for bankruptcy liquidation of MCC Paper Industry, leading to a halt in the related enforcement procedures.

As of the disclosure date, the shares held by MCC Paper Industry have not been judicially enforced. MCC Meili Cloud Computing Industry Investment Co., Ltd. will continue to monitor the progress and fulfill its information disclosure obligations. Investors are advised to exercise caution due to investment risks.