Stock Code: 002175
Stock Abbreviation: *ST Dongzhi
Announcement No.: 2026-037
Guangxi Dongfang Zhizao Technology Co., Ltd.
Announcement on the Progress of Company Control Right Change
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.
I. Basic Situation of the Current Control Right Transfer
On June 26, 2026, Guangxi Dongfang Zhizao Technology Co., Ltd. (hereinafter referred to as the "Company" or "Listed Company"), its controlling shareholder Kehsiang High-tech Development Co., Ltd. (hereinafter referred to as "Kehsiang High-tech" or "Transferor" or "Party B"), its actual controller Mr. Li Bin (or referred to as "Party C"), and Ningxia Dongtai Energy Group Co., Ltd. (hereinafter referred to as "Dongtai Energy" or "Transferee" or "Party A"), Mr. Wang Jianying (or referred to as "Party D") signed the "Share Transfer Agreement of Guangxi Dongfang Zhizao Technology Co., Ltd." (hereinafter referred to as the "Share Transfer Agreement").
According to the "Share Transfer Agreement," Kehsiang High-tech intends to transfer 188,500,000 shares of unlimited sale conditions held in the Company to Dongtai Energy through an agreement transfer, accounting for 14.76% of the Company's total share capital. The transfer price for these shares is RMB 2.90 per share, with a total transfer price of RMB 546,650,000 (tax inclusive).