002316SZSE

Announcement on Equity Swap of a Controlled Subsidiary

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Jilin Yalian Development plans to swap equity in its controlled subsidiary, Lianmei Da, with its wholly-owned subsidiary, Lianmei Tu. This move aims to optimize resource allocation and consolidate the bio-based materials business. The transaction involves a capital reduction and increase, resulting in Yalian Development holding 100% of Lianmei Da and Lianmei Tu's ownership structure changing to Yalian Development (51%), Yang Wei (24.5%), and Lin Yang (24.5%).

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Securities Code: 002316 Securities Abbreviation: Yalian Development Announcement No.: 2026-029

Jilin Yalian Development Technology Co., Ltd. Announcement on Equity Swap of a Controlled Subsidiary

The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

I. Transaction Overview

Due to operational needs, Yang Wei and Lin Yang, minority shareholders of Lianmei Da Biotechnology (Dalian) Co., Ltd. (hereinafter referred to as "Lianmei Da"), a subsidiary controlled by Jilin Yalian Development Technology Co., Ltd. (hereinafter referred to as "Yalian Development" or "the Company"), plan to swap their respective holdings of 24.5% equity in Lianmei Da for equity in Lianmei Tu Biotechnology (Dalian) Co., Ltd. (hereinafter referred to as "Lianmei Tu"), a wholly-owned subsidiary of Lianmei Da. Yang Wei and Lin Yang will reduce their capital in Lianmei Da by RMB 2,450,000 each, with a corresponding capital reduction consideration of RMB 2,835,600 each. After Lianmei Da's capital reduction, its registered capital will decrease from RMB 10,000,000 to RMB 5,100,000, and the Company will hold 100% equity in Lianmei Da. Following Lianmei Da's capital reduction, Yang Wei and Lin Yang will each contribute RMB 124,950 to Lianmei Tu. To maintain the Company's equity ratio in Lianmei Tu, Lianmei Da will also contribute RMB 10,000 to Lianmei Tu. After Lianmei Tu's capital increase, its registered capital will increase from RMB 2,600,000 to RMB 5,100,000, with Lianmei Da contributing RMB 2,601,000, holding a 51% stake; Yang Wei contributing RMB 124,950, holding a 24.5% stake; and Lin Yang contributing RMB 124,950, holding a 24.5% stake.

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Announcement on Equity Swap of a Controlled Subsidiary — Yalian Development Co., Ltd. | SZSE Releases