PVX: Explanation of Restricted Trading of Shares

PVX Corporation has been notified by the State Securities Commission regarding the restriction of PVX shares from trading due to violations of information disclosure regulations. PVX failed to announce the temporary suspension of business operations and the audited financial report for 2022 as required. Consequently, the trading halt will continue until PVX improves its information disclosure, in order to protect investors’ rights. PVX has committed to implementing corrective measures to ensure compliance with relevant regulations on financial information disclosure moving forward.

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