Securities Code: 000926
Securities Abbreviation: Fuxing Shares
Announcement Number: 2026-029
Hubei Fuxing Technology Co., Ltd.
Announcement on Proposed Transfer of Subsidiary Equity and Signing of Equity Acquisition Intent Agreement
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Special Reminder:
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The "Equity Acquisition Intent Agreement" signed this time is only a preliminary cooperation intention and does not have binding force. Whether the final transaction can be reached and the formal documents can be signed are uncertain. Investors are advised to make prudent decisions and pay attention to investment risks.
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This acquisition matter is still in the planning and due diligence stage, and the formal agreement has not yet been signed. Due to the uncertainty of this transaction, the impact on the company's financial situation and operating results for the current year cannot be accurately estimated at present.
I. Transaction Overview
Hubei Fuxing Technology Co., Ltd. (hereinafter referred to as "Fuxing Shares" or "the Company"), its wholly-owned subsidiary Fuxing Huicui Holdings Co., Ltd. (hereinafter referred to as "Huicui Holdings" or "Seller"), Wuhan Dingzhong Real Estate Development Co., Ltd. (hereinafter referred to as "Dingzhong Real Estate" or "Seller"), and the Company's holding subsidiary Tianli Real Estate (Wuhan) Co., Ltd. (hereinafter referred to as "Tianli Real Estate" or "Target Company") and Wuhan Financial Holdings (Group) Co., Ltd. (hereinafter referred to as "Wuhan Financial Holdings" or "Buyer") intend to sign an "Equity Acquisition Intent Agreement". Wuhan Financial Holdings intends to acquire 100% of the equity of the Target Company held by the Sellers. Among them, Huicui Holdings holds 71.58% of the shares, and Dingzhong Real Estate holds 28.42% of the shares. The parties agree that upon the Target Company meeting the conditions precedent to the acquisition, the Sellers and the Buyer will formally sign the "Equity Transfer Agreement".
The "Equity Acquisition Intent Agreement" is an intent agreement signed by the four parties for the equity transfer, and it serves only as a basis for preliminary work. The specific terms and the rights and obligations of the Sellers and the Buyer shall be subject to the formal agreement finally signed. The Company will fulfill the corresponding approval and decision-making procedures and information disclosure obligations in accordance with relevant laws and regulations and its articles of association, based on the progress of the cooperation matters.
According to the "Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange" and the Company's Articles of Association, this transaction is within the scope of the Board of Directors' approval authority and does not require submission to the shareholders' meeting for deliberation.
This matter does not involve related party transactions and does not constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies".
II. Basic Information of the Transacting Party