ON JUNE 4, HITEVISION TECHNOLOGY ANNOUNCED THAT THE COMPANY’S ACTUAL CONTROLLERS XING XIUQING AND XING ZHENG ARE PLANNING A SHARE TRANSFER, WHICH MAY LEAD TO A CHANGE IN THE COMPANY’S CONTROL. The counterparty of this transaction is mainly engaged in investment and asset management business. The company’s shares will be suspended from the market open on June 5, 2025, and the suspension is expected to last no more than 2 trading days. During the suspension period, the company will fulfill its information disclosure obligations in a timely manner in strict accordance with the relevant provisions of laws and regulations according to the progress of relevant matters.
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