Progress Announcement on Capital Increase of Wholly-owned Subsidiary to Wholly-owned Grand-subsidiary for Clearing Internal Debt and Transfer of 100% Equity of Wholly-owned Grand-subsidiary

Tech-bank Food Co., Ltd.·August 11, 2026·2 pages

✨ AI Summary

Tianbang Food Co., Ltd. announces progress on its plan to clear internal debt and transfer 100% equity of its wholly-owned grand-subsidiary, Huai'an Shifunweidao Food Co., Ltd. The subsidiary, Shanghai Shifunweidao Food (Group) Co., Ltd., has completed its capital increase. The transaction involves a total transfer price of RMB 18 million, with the final payment received.

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Full Translation

AI Translation· gemini_document

Securities Code: 002124

Securities Abbreviation: Tianbang Food

Announcement Number: 2026-037

Tianbang Food Co., Ltd.

Progress Announcement on Capital Increase of Wholly-owned Subsidiary to Wholly-owned Grand-subsidiary for Clearing Internal Debt and Transfer of 100% Equity of Wholly-owned Grand-subsidiary

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or significant omissions.

I. Transaction Overview

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