B-Soft trading remains suspended amid control change negotiations

B-Soft Technology Co., Ltd. (SZSE:300451) has confirmed that its shares will remain suspended from trading beyond November 12, 2025, as it continues to negotiate a potential change in control. The company's largest shareholder, Mr. Ge Hang, is in discussions with Hangzhou Better Investment Management Consulting Partnership (Limited Partnership) regarding a share transfer. This could transition B-Soft from a state without a de facto controller to having one.

The initial trading suspension commenced on November 10, 2025, with an expected duration of no more than two trading days. However, due to ongoing negotiations and the complex nature of the transaction, the company has applied to the Shenzhen Stock Exchange for a continued suspension. This extended halt aims to ensure fair information disclosure, prevent abnormal fluctuations in the company's stock price, and protect investor interests.

B-Soft will adhere to regulatory requirements by promptly disclosing further developments and subsequently applying for a resumption of trading once the matter is finalized. Investors are advised to monitor future announcements and be aware of potential investment risks.