000593SZSE

Progress Announcement on the Completion of Share Transfer and Change of Control of the Company by Major Shareholder

Delong Energy Co., Ltd.·

✨ AI Summary

This announcement details the completion of a share transfer agreement where Beijing Dingxin Ruitong Technology Development Co., Ltd. transferred 106,280,700 shares (29.64% of total shares) to Dongyang Noxin Composite Material Enterprise Management Partnership. The transfer price was set at RMB 1 billion. Following this transaction, the controlling shareholder will change to Noxin Composite Material, with Ms. Sun Weijia as the new actual controller.

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Special Reminder:

  1. According to the classification by the China Listed Companies Association, the company belongs to the "Gas Production and Supply Industry," with gas supply and related income accounting for over 90% of total revenue in the past five years. Currently, there have been no significant changes in the company's operating conditions or external business environment, and the company continues to focus on natural gas as its main business, without involvement in chip-related businesses.
  2. The company has noted recent short-term fluctuations in its stock price in the secondary market. It reminds investors that such price fluctuations are influenced by various factors, including market conditions, industry expectations, and investor sentiment, and carry uncertainties. Investors are advised to pay attention to investment risks, make rational decisions, and invest cautiously.

Delong Composite Energy Group Co., Ltd. (hereinafter referred to as "the Company") received a notification from Beijing Dingxin Ruitong Technology Development Co., Ltd. (hereinafter referred to as "Dingxin Ruitong") on February 25, 2026, that it has transferred 106,280,700 shares (29.64% of the total share capital) of the Company to Dongyang Noxin Composite Material Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as "Noxin Composite Material") through a share transfer agreement. The board of directors and all members guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

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