Shanghai Huahong Jitong Intelligent System Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
1. Explanation of the Appointment of the Sponsor Broker
On April 20, 2023, the Company received the Shenzhen Stock Exchange's (hereinafter referred to as "SZSE") decision on the termination of the Company's stock listing (Shenzhen Stock Exchange [2023] No. 337). The SZSE decided to terminate the Company's stock listing. After the termination, the Company's stock will be transferred to the delisting sector managed by the National Equities Exchange and Quotations (NEEQ).