According to the Huafeng Measurement and Control announcement, Tianjin Xinhua Investment Holdings Co., Ltd., the controlling shareholder of the company and shareholder holding more than 5% of the shares, plans to transfer the company's pre-initial shares to specific institutional investors through an inquiry and transfer. There are no restrictions on rights such as pledges or judicial freezing of the relevant shares. CICC's inspection found that Xinhua Holdings is eligible as an inquiry and transferee in accordance with the requirements of relevant laws and regulations, and that there is no prohibited situation where shares cannot be reduced. The transfer has already completed the necessary review procedures.

According to the Huafeng Measurement and Control announcement, Tianjin Xinhua Investment Holdings Co., Ltd., the controlling shareholder of the company and shareholder holding more than 5% of the shares, plans to transfer the company's pre-initial shares to specific institutional investors through an inquiry and transfer. There are no restrictions on rights such as pledges or judicial freezing of the relevant shares. CICC's inspection found that Xinhua Holdings is eligible as an inquiry and transferee in accordance with the requirements of relevant laws and regulations, and that there is no prohibited situation where shares cannot be reduced. The transfer has already completed the necessary review procedures.