002559SZSE
🚨 Material Event

Jiangsu Yawei Machine Tool Co., Ltd. Detailed Report on Change of Equity (Revised Draft)

Jiangsu Yawei Machine Tool Co., Ltd.··52 pages

✨ AI Summary

Yangzhou Industry Investment Development Group Co., Ltd. intends to subscribe to 92,098,593 newly issued shares of Jiangsu Yawei Machine Tool Co., Ltd. This transaction will result in the investor holding a 14.35% stake in the company. Consequently, the controlling shareholder of the listed company will change to Yangzhou Industry Investment Development Group, and the actual controller will change to the State-owned Assets Supervision and Administration Commission of Yangzhou Municipal Government.

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Full Translation

AI Translation· gemini_document

Jiangsu Yawei Machine Tool Co., Ltd. Detailed Report on Change of Equity (Revised Draft)

Listed Company Name: Jiangsu Yawei Machine Tool Co., Ltd.

Stock Listing Venue: Shenzhen Stock Exchange

Stock Abbreviation: Yawei Shares

Stock Code: 002559.SZ

Information Disclosure Obligor: Yangzhou Industry Investment Development Group Co., Ltd.

Domicile: No. 9 Shikefa East Road, Yangzhou City, Jiangsu Province

Correspondence Address: No. 9 Shikefa East Road, Yangzhou City, Jiangsu Province

Nature of Equity Change: Increase in shares

July 2026

Statement

  1. This report is prepared in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for the Takeover of Listed Companies, the Standards for the Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 15 — Report on Change of Equity, the Standards for the Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 16 — Report on Takeover of Listed Companies, and other relevant laws, regulations, departmental rules, and normative documents.

  2. The information disclosure obligor has obtained the necessary authorization and approval for signing this report, and its performance does not violate or conflict with any provisions of the information disclosure obligor's articles of association or internal rules.

  3. In accordance with the Securities Law of the People's Republic of China, the Administrative Measures for the Takeover of Listed Companies, and other regulations, this report has fully disclosed the changes in the equity held by the information disclosure obligor in Yawei Shares. As of the date of signing this report, except for the information disclosed herein, the information disclosure obligor has not increased or decreased its equity in Yawei Shares through any other means.

  4. The issuance of shares to specific targets by the listed company involved in this equity change has been reviewed by the Shenzhen Stock Exchange and has received approval from the China Securities Regulatory Commission.

  5. This equity change is conducted based on the materials stated in this report. Except for the information disclosure obligor and the professional institutions it has engaged, no other person has been entrusted or authorized to provide information not contained in this report or to make any interpretation or explanation of this report.

  6. The information disclosure obligor promises that this report does not contain any false records, misleading statements, or major omissions, and assumes individual and joint legal responsibility for its authenticity, accuracy, and completeness.

Table of Contents

Statement 1

Table of Contents 2

Definitions 3

Section I Introduction to Information Disclosure Obligor 4

Section II Purpose and Decision-making Procedures of This Equity Change 12

Section III Method of This Equity Change 14

Section IV Sources of Funds for This Equity Change 29

Section V Subsequent Plans 30

Section VI Analysis of the Impact of This Equity Change on the Listed Company 32

Section VII Major Transactions with the Listed Company 36

Section VIII Trading of Listed Company Shares in the Past 6 Months 37

Section IX Financial Data of Information Disclosure Obligor 38

Section X Other Major Matters 44

Documents for Inspection 45

Appendix to Detailed Report on Change of Equity 49

Definitions

Unless the context otherwise requires, the following abbreviations have the following meanings in this report:

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