Stock Code: 300333 Stock Abbreviation: Sunway Technology Announcement No.: 2026-022
Shenzhen Sunway Technology Co., Ltd.
Announcement on Suspension of Trading for Planning of Issuance of Shares to Purchase Assets
I. Reasons for Suspension and Work Arrangements
Shenzhen Sunway Technology Co., Ltd. (hereinafter referred to as the "Company") is planning to issue shares and pay cash to purchase assets and raise supporting funds. Due to uncertainties regarding these matters, to protect the interests of investors and avoid significant impact on the Company's securities trading, the Company has applied for a suspension of its stock (Stock Abbreviation: Sunway Technology, Stock Code: 300333) effective from the opening of the market on August 6, 2026.
The Company expects to disclose the transaction plan within no more than 5 trading days, i.e., by August 12, 2026 (inclusive), in accordance with the "Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 26 — Major Asset Restructuring of Listed Companies."
As of the date of this announcement, the Company and relevant parties are actively advancing the work related to this transaction. Given the uncertainties, the Company's stock will continue to be suspended to protect investor interests and avoid abnormal fluctuations in the share price. During the suspension, the Company will continue to advance all work and fulfill its information disclosure obligations in a timely manner based on the progress of the transaction. Once the relevant matters are determined, the Company will submit and disclose documents in compliance with relevant regulations and apply for the resumption of trading.
Regarding the announcement of the planning of a change in corporate control disclosed on July 29, 2026, all parties are currently advancing the work. For details, please refer to the "Announcement on Suspension of Trading for Planning of Change in Corporate Control" (Announcement No.: 2026-020) disclosed on the Juchao Information Website (http://www.cninfo.com.cn) on July 29, 2026.
II. Basic Information on the Planning Matter
(I) Basic Information of the Target Asset