Core Viewpoint - Beijing Chen'an Technology Co., Ltd. is planning to issue A-shares to a specific entity, which may lead to a change in control of the company [1][2] Group 1: Company Overview - Chen'an Technology was founded in 2005 and is controlled by Tsinghua University, serving as a technology transfer unit in the public safety sector [2] - The company focuses on public safety and aims to become a global leader in public safety technology and the best partner for public safety governance [2] Group 2: Recent Developments - The company has announced a suspension of its stock trading starting November 28, 2025, for a period not exceeding two trading days [2] - The planned issuance of shares is intended to deepen cooperation between central and local governments and integrate resources to enhance the public safety industry [1]

Group 1 - The company Beijing Chainan Technology (300523) is planning to issue A-shares to a specific entity, Hefei State-owned Capital Venture Investment Co., Ltd, which may lead to a change in control of the company [1][2] - The current controlling shareholder, China Telecom Group Co., Ltd (601728), will maintain its shareholding after the issuance and will continue to play a significant role as an important shareholder [1] - The stock of Chainan Technology will be suspended from trading starting November 28, 2025, for no more than two trading days [2] Group 2 - Chainan Technology, founded in 2005 and controlled by Tsinghua University, focuses on public safety and aims to be a global leader in public safety technology [2] - The company provides integrated solutions for emergency management and smart safety cities, offering mature applications and products in various fields including urban safety, emergency management, consumer business, equipment and firefighting, safety education, and overseas public safety [2]