Hygon Information Technology Co., Ltd. has announced its intention to merge with Sugon Information Industry Co., Ltd. through a share swap transaction, whereby shares will be issued to all Sugon's A-share holders. Additionally, Hygon plans to raise supporting funds to facilitate this merger. Consequently, trading in the shares of both companies has been suspended since May 26, 2025, and is anticipated to resume on June 10. The implementation of this transaction plan is contingent upon review and approval by relevant authorities.