REG - Ming Yang Smart Engy - Progress of Trading Suspension

Ming Yang Smart EnergyAnnouncement

19/01/2026 10:30

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RNS Number : 4379P  Ming Yang Smart Energy Group Ltd  19 January 2026

MING YANG SMART ENERGY GROUP LIMITED

(GDR under the symbol: "MYSE")

(a joint stock company established under the laws of the People's Republic of
China with limited liability)

 

Ming Yang Smart Energy Group Limited

Announcement on Progress of Trading Suspension in Respect of the Proposed
Issuance of Shares and Cash Payment for Asset Acquisition, Raising of
Supporting Funds and Related-Party Transactions

Ming Yang Smart Energy Group Limited (hereinafter referred to as the
"Company") is planning the issuance of shares and payment of cash for asset
acquisition together with the raising of supporting funds and related-party
transaction (hereinafter referred to as the "Transaction"). According to the
Administrative Measures for the Material Asset Restructurings of Listed
Companies and other relevant regulations, the Transaction constitutes a
related-party transaction but is not expected to constitute a material asset
restructuring.

In view of the uncertainty of the above matters, to ensure fair information
disclosure, protect the interests of investors, and avoid a significant impact
on the Company's stock price, upon the Company's application and in accordance
with the relevant regulations of the Shanghai Stock Exchange, the trading of
the Company's A share stock (stock abbreviation: MYSE, stock code: 601615) has
been suspended from the opening of the market on January 13, 2026 (Tuesday).
The suspension is expected to last for no more than 10 trading days. For
details, please refer to the Announcement on Trading Suspension in Respect of
the Proposed Issuance of Shares and Cash Payment for Asset Acquisition,
Raising of Supporting Funds and Related-Party Transaction.

As of the disclosure date of this Announcement, the Company and relevant
parties are actively advancing the work related to the Transaction, and all
relevant parties are currently engaged in communication and negotiation
regarding the Transaction plan. As relevant details are still subject to full
negotiation, to ensure fair information disclosure and protect the interests
of investors, the trading of the Company's A share stock will remain suspended
in accordance with the relevant regulations of the Shanghai Stock Exchange.

During the suspension period, the Company will strictly fulfill its
information disclosure obligations in accordance with the provisions and
requirements of relevant laws and regulations based on the progress of the
Transaction. Once the relevant matters of the Transaction are determined, the
Company will promptly issue relevant announcements and apply for the
resumption of trading of its A share stock.

The Transaction is currently in the planning stage. The parties to the
Transaction have not yet signed formal transaction agreements. The Transaction
is also subject to the deliberation of the Company's Board and Shareholders'
Meeting, as well as the approval, review, or registration consent of the
competent regulatory authorities before it can be duly implemented. There is
still uncertainty as to whether it can be ultimately implemented. All
information shall be subject to the announcements issued by the Company on its
designated information disclosure media. Investors are kindly reminded to make
rational investments and be aware of investment risks.

 

 

Ming Yang Smart Energy Group Limited

19 January, 2026

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