Huilong New Materials (301057.SZ): Termination of the plan to change company control, stock resumes trading

Gelonghui March 4th | Huilong New Materials (301057.SZ) announced that during the suspension of trading, the company’s controlling shareholder, actual controller, and the counterparty had thorough discussions on major matters that could lead to a change in the company’s control. However, due to the involvement of many issues and the lack of consensus with the counterparty on core matters, after careful consideration and friendly negotiations, both parties decided to terminate the planning of this major matter. The company’s current operations are normal, and the termination of this planning will not have a significant adverse impact on the company’s performance and financial condition. In the future, the company will continue to focus on its established development strategy, continuously enhance its sustainable development capabilities and profitability, and create greater value for the company and shareholders. The company applied to the Shenzhen Stock Exchange, and its stock (stock abbreviation: Huilong New Materials, stock code: 301057) will resume trading from the opening on March 5, 2026 (Thursday).