Zhejiang Taifu Pump Industry 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 any false records, misleading statements, or significant omissions.
Special Reminder:
- The Company's stock (stock abbreviation: Taifu Pump Industry, stock code: 300992) and convertible bonds (bond abbreviation: Taifu Convertible Bonds, bond code: 123160) will resume trading starting from March 31, 2026 (Tuesday), and the "Taifu Convertible Bonds" will resume conversion.
- The share transfer still requires approval from the Company's shareholders' meeting and must obtain a confirmation opinion from the Shenzhen Stock Exchange regarding the agreement for the transfer of shares, as well as complete the registration procedures with the Shenzhen branch of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as "CSDC Shenzhen"). There are uncertainties regarding whether the relevant approval procedures can be passed and the time required for approval. The completion of this share transfer remains uncertain, and the Company will fulfill its information disclosure obligations in a timely manner based on subsequent developments. Investors are advised to pay attention to investment risks.
1. Overview of Trading Suspension
Zhejiang Taifu Pump Industry Co., Ltd. (hereinafter referred to as "the Company") is planning a change in control involving its actual controllers, Chen Yiwen and Lin Huifu, which may lead to a change in the Company's controlling shareholder and actual controller. Given the significant uncertainties surrounding this matter, in order to protect investors' interests and avoid a major impact on the Company's stock price, the Company applied to the Shenzhen Stock Exchange for a trading suspension. The Company's stock (stock abbreviation: Taifu Pump Industry, stock code: 300992) and convertible bonds (bond abbreviation: Taifu Convertible Bonds, bond code: 123160) were suspended from trading starting March 24, 2026 (Tuesday). The conversion of the Company's convertible bonds "Taifu Convertible Bonds" was also suspended. For specific details, please refer to the Company's announcements published on March 24 and March 25, 2026, on the Giant Tide Information Network (http://www.cninfo.com.cn) regarding the trading suspension (Announcement No. 2026-013) and the progress of the control change planning (Announcement No. 2026-014).