Securities Code: 002364 Securities Abbreviation: Zhongheng Electric Announcement No.: 2026-03
Hangzhou Zhongheng Electric Co., Ltd. Announcement on Controlling Shareholder Signing Strategic Investment Cooperation Framework Agreement and Proposed Change in Shareholding Structure
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Special Reminder:
- To promote the strategic cooperation between Hangzhou Zhongheng Electric Co., Ltd. (hereinafter referred to as the "Company," "Listed Company," or "Zhongheng Electric") and CATL (300415.SZ) (hereinafter referred to as "CATL"), the Company's controlling shareholder, Hangzhou Zhongheng Technology Investment Co., Ltd. (hereinafter referred to as "Zhongheng Technology Investment"), plans to accept an capital increase from CATL, and the Company will carry out strategic business cooperation with CATL (hereinafter referred to as "This Transaction" or "This Strategic Cooperation"). This Transaction will not result in any change in the number of shares held by Zhongheng Technology Investment in the Company or its shareholding ratio, and will not trigger a mandatory offer.
- This Transaction involves a change in the equity structure of the controlling shareholder Zhongheng Technology Investment, but will not result in any change in the Company's controlling shareholder or actual controller.
- The "Strategic Investment Cooperation Framework Agreement" reached between Zhongheng Technology Investment and CATL is a framework agreement. The formal transaction agreement is yet to be signed. The specific arrangements and implementation of this strategic cooperation are subject to uncertainty. Investors are kindly advised to pay attention to investment risks.
On April 8, 2026, the Company received a notice from its controlling shareholder, Zhongheng Technology Investment, stating that Zhongheng Technology Investment and its shareholders Mr. Zhu Guoding and Ms. Bao Xiaoru signed the "Strategic Investment Cooperation Framework Agreement" with CATL on April 8, 2026, reaching a framework agreement on CATL's proposed strategic business cooperation with the Company and its investment in Zhongheng Technology Investment through capital increase. The relevant situation is hereby announced as follows:
I. Basic情况 of This Transaction (I) Purpose and Method of This Transaction Shareholders of Zhongheng Technology Investment, Mr. Zhu Guoding and Ms. Bao Xiaoru, plan to introduce CATL to invest in Zhongheng Technology Investment (hereinafter referred to as "Proposed Capital Increase"). The parties will leverage their respective core competitiveness and resource advantages in their respective fields to promote strategic cooperation between CATL and Zhongheng Electric in areas such as green ICT infrastructure, electric vehicle electrification, and new power systems (computing-power synergy), integrating resource endowments and empowering the Company's development.