*ST Busen: Planning company control change; company stock suspended from market open on March 16

Everyday AI Express, *ST Busen (SZ 002569, closing price: 14.88 yuan) announced on the evening of March 15th that Zhejiang Busen Apparel Co., Ltd.'s controlling shareholder, Baoji Fangwei Tongchuang Enterprise Management Partnership (Limited Partnership), is planning major matters that may lead to a change in the company’s control. The company received a notice from its controlling shareholder, Fangwei Tongchuang, on March 13, 2026, that they are planning to transfer control of the company, which may result in a change of control. Currently, all parties are discussing and negotiating specific plans, agreements, and related matters.

Since the relevant matters are still in planning and there is uncertainty, to ensure fair information disclosure, protect investors’ interests, and prevent abnormal fluctuations in the company’s stock price, the company applied to the Shenzhen Stock Exchange for a trading halt. The company’s stock (stock abbreviation: *ST Busen, stock code: 002569) will be suspended from trading starting March 16, 2026 (Monday), with an expected suspension period of no more than 2 trading days.

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(Reporter Zeng Jianhui)

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