Huilong New Materials: Terminating the plan to change company control, resuming trading on March 5th.

Huilong New Materials Announcement: Our controlling shareholder and actual controller, Mr. Shen Shunhua, is currently planning a major matter. Due to the involvement of multiple issues and a lack of consensus with the other party on core matters, after careful consideration and friendly negotiations, both parties have decided to terminate the planning of this major matter. The company’s stock will resume trading starting from the market opening on March 5, 2026.

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