Stock Code: 002175
Stock Abbreviation: *ST Dongzhi
Announcement No.: 2026-039
Guangxi Dongfang Zhizao Technology Co., Ltd.
Announcement on Completion of Share Transfer Registration, Release of Share Pledge, and Change of Company Control
The Company and the entire board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or major omissions.
Guangxi Dongfang Zhizao Technology Co., Ltd. (hereinafter referred to as the "Company" or "Listed Company") has received a notice from Kexiang High-tech Development Co., Ltd. (hereinafter referred to as "Kexiang High-tech"). The Shenzhen Stock Exchange has completed the compliance confirmation of the materials related to this share transfer agreement. Kexiang High-tech has completed the share transfer registration procedures for the transfer of company shares to Ningxia Dongtai Energy Group Co., Ltd. (hereinafter referred to as "Dongtai Energy"), and has obtained the "Confirmation Letter of Securities Transfer Registration" issued by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "Clearing Company"). As a result, the controlling shareholder of the Company has changed from Kexiang High-tech to Dongtai Energy, and the actual controller of the Company has changed from Mr. Li Bin to Mr. Wang Jianying. The specific situation is announced as follows:
I. Overview of the Share Transfer Agreement
On June 26, 2026, the original controlling shareholder Kexiang High-tech, and the original actual controller Mr. Li Bin signed the "Share Transfer Agreement of Guangxi Dongfang Zhizao Technology Co., Ltd." (hereinafter referred to as the "Share Transfer Agreement") with Dongtai Energy and Mr. Wang Jianying.
According to the "Share Transfer Agreement", Kexiang High-tech intends to transfer 188,500,000 unrestricted tradable shares held in the Company to Dongtai Energy through a share transfer agreement, accounting for 14.76% of the Company's total share capital. The transfer price for this share transfer is 2.90 RMB per share, with a total transfer consideration of 546,650,000 RMB (tax inclusive).
Upon completion of this share transfer, Dongtai Energy will hold 188,500,000 shares of the Company, accounting for 14.76% of the Company's total share capital. The controlling shareholder of the Company will change from Kexiang High-tech to Dongtai Energy, and the actual controller of the Company will change from Mr. Li Bin to Mr. Wang Jianying. For details, please refer to the "Notice of Proposed Change of Controlling Shareholder Through Share Transfer Agreement and Change of Control" disclosed by the Company (Announcement No.: 2026-032). As of July 1, 2026, Dongtai Energy has cumulatively paid Kexiang High-tech 200 million RMB (including a 30 million RMB deposit).