REG - Ming Yang Smart Engy - Resumption of Trading of the Company's Stock

Ming Yang Smart EnergyAnnouncement

22/01/2026 14:45

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RNS Number : 0176Q  Ming Yang Smart Energy Group Ltd  22 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)

 

Announcement on General Risk Warning Regarding the Disclosure of the
Restructuring Proposal and the Resumption of Trading of the Company's Stock

 

Important notice:

• Suspension and resumption of trading of stock: applicable

Due to the proposed issuance of shares and cash payment for asset acquisition,
raising of supporting funds and related-party transactions, the suspension and
resumption status of the Company's relevant stock is as follows:

 

 Stock code  Stock abbreviation  Type of suspension   Suspension start date  Suspension period  Suspension end date  Resumption date

                                 /resumption
 601615      MYSE                A-shares resumption  2026/1/13              　                  2026/1/22            2026/1/23

 

Ming Yang Smart Energy Group Limited (hereinafter referred to as the
"Company") is planning the issuance of shares and payment of cash for an
acquisition of 100% equity in Uniwatt Technology Co., Ltd. together with the
raising of supporting funds (hereinafter referred to as the "Transaction").

In view of the uncertainty of the Transaction, 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 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 disclosed by the Company.

On January 22, 2026, the Company held the 30th meeting of the third Board, at
which the "Proposal on the 'Proposal of Ming Yang Smart Energy Group Limited
on Issuance of Shares and Cash Payment for Asset Acquisition, Raising of
Supporting Funds and Related-Party Transactions' and its Summary" and other
proposals related to the Transaction were deliberated and approved. For
details, please refer to the relevant announcements and documents disclosed
concurrently with this Announcement.

In accordance with relevant regulations and upon application to the Shanghai
Stock Exchange, the Company's stock (stock name: MYSE, stock code: 601615)
will resume trading at the opening of the market on January 23, 2026 (Friday).

As of the disclosure date of this Announcement, the audit and valuation work
related to the Transaction has not yet been completed, and the Company's Board
has decided not to convene a Shareholders' Meeting to deliberate on the
Transaction for the time being. The Company will convene another Board meeting
to deliberate on matters related to the Transaction after the relevant audit
and valuation work is completed, and the Board will then convene a
Shareholders' Meeting to deliberate on the above-mentioned proposals and other
proposals related to the Transaction.

The Transaction is still subject to other relevant approval procedures before
it can be implemented, including but not limited to the Company convening
another Board meeting to deliberate on the Transaction Plan, the Company
convening a Shareholders' Meeting to deliberate on and approve the Transaction
Plan, the internal governing bodies of all parties involved in the Transaction
deliberating on and approving the formal Transaction Plan, the review and
approval by the Shanghai Stock Exchange, and the registration approval by the
China Securities Regulatory Commission. The approval of the Transaction by the
aforementioned authorities and the timing thereof are subject to
uncertainties.

The Company will continue to advance the relevant work of the Transaction
after the resumption of stock trading and will strictly fulfill its
information disclosure obligations in accordance with relevant laws and
regulations. All information shall be subject to the announcements released by
the Company on its designated information disclosure channels. Investors are
kindly requested to pay attention to subsequent announcements and be aware of
investment risks.

 

Ming Yang Smart Energy Group Limited

22 January 2026

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