Zhitong Finance App News, China Hi-Tech (600730.SH) issued an announcement because New Fangzheng Holdings Development Co., Ltd., the controlling shareholder of Dongzheng International Education Consulting Co., Ltd. (“Fangzheng International Education”), the company's direct controlling shareholder, plans to indirectly transfer 117 million shares of the company's indirect shareholding through the transfer of its shares in Fangzheng International Education, accounting for 20.03% of the company's total share capital. If the transfer is completed, it will result in a change in control of the company. Following the application, trading of the company's shares will be suspended from December 15, 2025 (Monday). It is expected that trading will be suspended for no more than 2 trading days.

Zhitong Finance App News, China Hi-Tech (600730.SH) issued an announcement because New Fangzheng Holdings Development Co., Ltd., the controlling shareholder of Dongzheng International Education Consulting Co., Ltd. (“Fangzheng International Education”), the company's direct controlling shareholder, plans to indirectly transfer 117 million shares of the company's indirect shareholding through the transfer of its shares in Fangzheng International Education, accounting for 20.03% of the company's total share capital. If the transfer is completed, it will result in a change in control of the company. Following the application, trading of the company's shares will be suspended from December 15, 2025 (Monday). It is expected that trading will be suspended for no more than 2 trading days.