Shimao Energy: Planning to Change Control Rights, the Company's Stock will Continue to Halt Trading on January 13th.

Shimao Energy Announcement: The company's controlling shareholder Ningbo Shimao Investment Holding Co., Ltd. and the actual controller are planning to transfer company shares, which may result in a change in the company's control. The company's stock has been suspended from trading since January 12, 2026, and will continue to be suspended from trading starting on January 13, 2026. It is expected that the suspension will not last more than 2 trading days.