Stock Code: 001285.SZ Stock Abbreviation: Kormee Listing Venue: Shenzhen Stock Exchange
[Image: Kormee Logo]
Guangzhou Kormee Automotive Electronic Co., Ltd.
Implementation of Issuing Shares to Purchase Assets and Related Party Transactions
Announcement on Listing of New Shares (Summary)
Independent Financial Advisor
[Image: Caitong Securities Logo]
August 2026
Declaration
The Company and all directors, members of the audit committee, and senior management guarantee that the information disclosed by the listed company is timely and fair, and that the contents of this summary of the listing announcement are true, accurate, and complete. They bear individual and joint liability for any false records, misleading statements, or major omissions in this summary.
In accordance with the Securities Law and other relevant laws and regulations, the Company is solely responsible for changes in its operations and earnings following the completion of this transaction. Investors are responsible for any investment risks arising from such changes. Investors with any questions regarding this summary should consult their stockbrokers, lawyers, accountants, or other professional advisors.
The matters described in this summary do not represent a substantive judgment by the China Securities Regulatory Commission (CSRC), the Shenzhen Stock Exchange, or other regulatory authorities regarding the transaction. Any decisions or opinions made by approval authorities regarding this transaction do not constitute a substantive judgment or guarantee regarding the value of the Company's shares or investor returns.
The Company reminds investors that the purpose of this summary is solely to provide the public with information regarding the implementation of this transaction. For further details, please read the full text of the "Guangzhou Kormee Automotive Electronic Co., Ltd. Report on Issuing Shares to Purchase Assets and Related Party Transactions (Draft) (Registration Version)" and other relevant documents, which have been published on the official website of the Shenzhen Stock Exchange.
Special Notice
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In this issuance of new shares, the issue price for purchasing assets is 45.45 yuan/share, with a total of 352,035 new shares issued. All new shares are restricted tradable shares.
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According to the "Confirmation of Acceptance of Share Registration Application" issued by the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited on August 4, 2026, the registration of shares issued by Kormee to specific targets has been accepted. The registered quantity is 352,035 shares (all of which are restricted shares). Upon completion of the registration, these shares will be officially entered into the Company's register of shareholders.
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The listing date for the new shares is August 12, 2026. In accordance with the relevant business rules of the Shenzhen Stock Exchange, the Company's stock price will not be adjusted ex-rights on the first day of listing, and stock trading will remain subject to price fluctuation limits.
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The new shares are restricted tradable shares and may be traded on the Shenzhen Stock Exchange on the next trading day following the expiration of the restriction period. The restriction period is calculated from the date of completion of the share issuance.
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Following the completion of the asset purchase, the Company's total share capital has increased to 180,530,219 shares. Publicly held shares account for more than 10% of the total share capital, continuing to meet the listing requirements stipulated by the Company Law, the Securities Law, and the Listing Rules.
Table of Contents
Declaration 1
Special Notice 2
Definitions 4
Section 1 Overview of the Transaction 6
Section 2 Implementation of the Transaction 12
Section 3 Issuance of New Shares 17
Section 4 Documents Available for Inspection 18
Definitions
In this summary, unless the context otherwise requires, the following abbreviations have the following meanings: