Fenglong Co., Ltd. announced that Zhejiang Chengfeng Investment Co., Ltd., the controlling shareholder of the company, and Dong Jiangang, the actual controller, are planning matters relating to changes in the company's control, which may lead to changes in the company's controlling shareholder and actual controller. Currently, the parties have not signed a formal agreement, and are currently verifying and discussing specific transaction plans, agreements, and other related matters. In order to protect the interests of investors and avoid abnormal fluctuations in the company's stock price, trading of the company's shares will be suspended from the opening of the market on December 18, 2025. The suspension period is expected to be no more than 2 trading days.

Fenglong Co., Ltd. announced that Zhejiang Chengfeng Investment Co., Ltd., the controlling shareholder of the company, and Dong Jiangang, the actual controller, are planning matters relating to changes in the company's control, which may lead to changes in the company's controlling shareholder and actual controller. Currently, the parties have not signed a formal agreement, and are currently verifying and discussing specific transaction plans, agreements, and other related matters. In order to protect the interests of investors and avoid abnormal fluctuations in the company's stock price, trading of the company's shares will be suspended from the opening of the market on December 18, 2025. The suspension period is expected to be no more than 2 trading days.