300555SZSE
🚨 Material Event

Wuxi Lontone Vision Network Co., Ltd. Announcement Regarding Shareholder's Notice to Terminate Voting Rights Proxy Agreement

ST Luton Co., Ltd.··4 pages

✨ AI Summary

A major shareholder, Mr. Jia Qing, has notified the company and the bankruptcy administrator of Huasheng Cloud City that he is terminating the voting rights proxy agreement. This is due to Huasheng Cloud City's breach of contract, failure to provide security, and loss of control over the company's shares. The company believes the termination is uncertain and may affect shareholder rights, but not control or operations.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 300555

Securities Abbreviation: ST Lontone

Announcement Number: 2026-055

Wuxi Lontone Vision Network Co., Ltd.

Announcement Regarding Major Shareholder's Notice to Terminate Voting Rights Proxy Agreement

Mr. Jia Qing, a shareholder holding more than 5% of the company's shares, guarantees that the information provided to the company is true, accurate, and complete, without any false records, misleading statements, or material omissions.

The company and the entire board of directors guarantee that the content of this announcement is consistent with the information provided by the information disclosure obligor.

Key Information Highlights:

  1. The company received a notice from Mr. Jia Qing, a shareholder holding more than 5% of the company's shares, requesting the termination of the "Voting Rights Proxy Agreement" signed with Ningbo Yuyao Huasheng Cloud City Smart City Operation Technology Co., Ltd. (hereinafter referred to as "Huasheng Cloud City").

  2. The termination of the "Voting Rights Proxy Agreement" is a unilateral notice issued by Mr. Jia Qing. As of the date of this announcement, the company has not yet received a reply from the bankruptcy administrator of Huasheng Cloud City, Zhejiang Dewei Certified Public Accountants (Special General Partnership) (hereinafter referred to as the "Bankruptcy Administrator").

Regarding the termination of the "Voting Rights Proxy Agreement," Mr. Jia Qing may pursue legal channels to further clarify the termination matter.

The company believes that whether the "Voting Rights Proxy Agreement" is terminated is uncertain. The aforementioned matter may have a certain impact on the exercise of shareholder rights for the shares involved.

  1. This matter will not lead to a change in the company's controlling shareholder or actual controller, nor will it have a significant impact on the company's normal production and operation.

Wuxi Lontone Vision Network Co., Ltd. (hereinafter referred to as the "Company") recently received a "Notice of Termination of Voting Rights Proxy Agreement and Cessation of Exercising Entrusted Shareholder Rights" sent by Mr. Jia Qing, a shareholder holding more than 5% of the company's shares, to Huasheng Cloud City and its bankruptcy administrator, and copied to the Company. Mr. Jia Qing formally notified Huasheng Cloud City and its bankruptcy administrator to terminate the "Voting Rights Proxy Agreement" signed with Huasheng Cloud City, and requested Huasheng Cloud City and its bankruptcy administrator to immediately cease exercising entrusted voting rights and other shareholder rights. The relevant situation is hereby announced as follows:

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.