Stock Code: 002185 Stock Abbreviation: Huatian Technology Listing Venue: Shenzhen Stock Exchange
[Image: Huatian Technology Logo]
Tianshui Huatian Technology Co., Ltd. Report on Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds and Related Party Transactions (Draft) (Summary) (Revised Draft)
| Transaction Type | Name of Counterparty |
|---|---|
| Issuance of shares and payment of cash to purchase assets | Tianshui Huatian Electronic Group Co., Ltd., Xi'an Houyi Investment Management Partnership (Limited Partnership), Xi'an Xintian Yubo Enterprise Management Partnership (Limited Partnership), and 24 other counterparties |
| Raising of supporting funds | No more than 35 specific investors |
Independent Financial Advisor Huatai United Securities Co., Ltd.
Signing Date: June 2026 [blank]
Statement
The terms or abbreviations used in this section have the same meanings as those defined in the "Definitions" section of this report summary.
I. Declaration by the Listed Company
The Company and all its directors and senior management guarantee that the information disclosed by the Company is timely and fair, and ensure that the contents of this report summary are true, accurate, and complete, without false records, misleading statements, or major omissions. They guarantee the truthfulness and reasonableness of the relevant data cited in this report summary and assume corresponding legal liability for the truthfulness, accuracy, and completeness of the information provided.
If the information disclosed or provided in this transaction is suspected of containing false records, misleading statements, or major omissions, and is subject to case investigation by judicial authorities or the China Securities Regulatory Commission (CSRC), the parties involved shall not transfer their equity interests in the listed company until the investigation conclusion is formed. They shall submit a written application for suspension of transfer and their stock account to the board of directors of the listed company within two trading days of receiving the notice of investigation, and the board of directors shall apply for a lock-up on their behalf to the stock exchange and the securities registration and clearing institution. If the application for lock-up is not submitted within two trading days, the board of directors is authorized to verify the information and directly report the identity and account information of the individual or entity to the stock exchange and the securities registration and clearing institution to apply for a lock-up. If the board of directors fails to report the information, the stock exchange and the securities registration and clearing institution are authorized to directly lock the relevant shares. If the investigation concludes that there were violations, the individual or entity promises that the locked shares will be voluntarily used for investor compensation arrangements.
Any decision or opinion made by the CSRC or the Shenzhen Stock Exchange regarding this transaction does not represent a substantive judgment or guarantee of the value of the Company's shares or investor returns.
In accordance with the Securities Law and other relevant laws and regulations, after the completion of this transaction, the Company is solely responsible for changes in its operations and earnings, and investors shall bear the investment risks arising from such changes. When evaluating this transaction, investors should carefully consider the risk factors disclosed in this report summary in addition to the contents of this report summary and other documents disclosed simultaneously. If investors have any questions regarding this report summary, they should consult their stockbroker, lawyer, accountant, or other professional advisor.
II. Declaration by Counterparties
The counterparties to this restructuring have issued a letter of commitment regarding the truthfulness, accuracy, and completeness of the information and materials provided during the transaction process. They guarantee that they will provide relevant information for the restructuring in a timely manner and that the information provided for this transaction is true, accurate, and complete. If the information provided contains false records, misleading statements, or major omissions, causing losses to the listed company or investors, they will bear compensation liability in accordance with the law.