ShenhuaFa A: Shares Held by Controlling Shareholder and Actual Controller Subject to Judicial Freezing

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Gelonghui March 19 — Shenzhen Huafa A (000020.SZ) announced that the company’s stock price has experienced a cumulative deviation of over 20% in closing prices over two consecutive trading days on March 18 and 19, indicating abnormal stock trading fluctuations. After verification, the company’s main business operations are normal, and there have been no significant changes in the internal or external operating environment; the controlling shareholder and actual controller do not have any major undisclosed matters, nor have they bought or sold the company’s stock during the abnormal fluctuation period. Additionally, the company notes that the shares held by the controlling shareholder, Wuhan Zhongheng Group, are under reservation for freezing, but aside from this, there are no other undisclosed material information. The company reminds investors to be aware of investment risks.

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