Special Reminder
The sale of a 48.92% equity stake in Fujian Fuzhao Semiconductor Co., Ltd. (hereinafter referred to as "Fuzhao Semiconductor") has completed the state-owned asset evaluation filing process and will be publicly listed for sale at the Fujian Property Exchange. The trading counterpart is currently uncertain; if the final buyer is a related enterprise, this transaction will constitute a related party transaction.
I. Transaction Overview
To further focus on core business and optimize resource allocation, Huaying Technology Group Co., Ltd. (hereinafter referred to as "Huaying Technology" or "the Company") intends to sell its 48.92% equity stake in Fuzhao Semiconductor (hereinafter referred to as "this transaction"). This transaction will be conducted through a public listing at the Fujian Property Exchange, and any qualified company may participate in the bidding. If the final buyer is a related enterprise, this transaction will constitute a related party transaction. Upon completion of this transaction, the Company will no longer hold any equity in Fuzhao Semiconductor. This transaction does not constitute a major asset reorganization as defined by the "Administrative Measures for Major Asset Reorganization of Listed Companies." The independent directors of the Company's tenth board of directors approved the proposal on the sale of equity in an associated company at the second special meeting of 2026 with 3 votes in favor, 0 votes against, and 0 abstentions. On May 22, 2026, the Company held the fifth meeting of the tenth board of directors, which approved the proposal with 7 votes in favor, 0 votes against, and 0 abstentions (related directors Mr. Lin Jiachi and Ms. Chen Qinqin abstained from voting). This transaction is within the board's approval scope and does not require submission to the shareholders' meeting for review. To improve work efficiency, the board is requested to authorize the chairman to handle all matters related to this transaction, with the authorization effective from the date of the board's approval.
II. Basic Information of the Trading Counterpart
This transaction will be conducted through public listing, and the trading counterpart is currently uncertain. The Company will fulfill its information disclosure obligations in a timely manner according to relevant regulations once the trading counterpart is determined.
III. Basic Information of the Transaction Target
The Company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.