Oriental Smart Manufacturing extends trading suspension amid ownership change

Guangxi Oriental Smart Manufacturing Technology Co. Ltd. announced a continued trading suspension for its shares from December 17, 2025, due to an ongoing change of control. The suspension is expected to last no more than three trading days.

The company's controlling shareholder, Kexiang High-Tech Development Co. Ltd., is planning to transfer approximately 14.33% of its total share capital to Guangxi Modern Logistics Group Co. Ltd. or a designated entity. This transfer could result in a change of control for Oriental Smart Manufacturing.

The potential equity transfer is still subject to agreement execution and approval from state-owned asset supervision and other relevant authorities. All parties are currently discussing transaction specifics and agreements but have not yet signed any formal contracts.

This matter follows an initial suspension effective December 15, 2025. Oriental Smart Manufacturing advises investors that the ultimate outcome of the control change remains uncertain and urges caution regarding investment risks. The company will continue to disclose developments in accordance with regulatory requirements.