301190SZSE

Announcement on the Suspension of Production by Wholly-Owned Subsidiary

Jiujiang Shanshui Technology Co., Ltd.·April 30, 2026

✨ AI Summary

In order to effectively reduce losses and protect shareholder interests, Jiujiang Shanshui Technology Co., Ltd. has decided to suspend production at its wholly-owned subsidiary, Pengze Changxing Chemical Co., Ltd., starting May 1, 2026. The subsidiary has faced severe challenges due to high production costs and weak market demand, leading to continuous losses. This decision aims to optimize operational costs and align with the company's strategic development direction.

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Full Translation

AI Translation· azure_openai

Announcement on the Suspension of Production by Wholly-Owned Subsidiary

Securities Code: 301190
Securities Abbreviation: Shanshui Technology
Announcement Number: 2026-020

In order to effectively reduce losses and protect shareholder interests, Jiujiang Shanshui Technology Co., Ltd. (hereinafter referred to as "Shanshui Technology") has decided that its wholly-owned subsidiary, Pengze Changxing Chemical Co., Ltd. (hereinafter referred to as "Changxing Chemical"), will fully suspend production starting May 1, 2026, and initiate employee arrangements. The relevant situation is announced as follows:

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