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Lingxin New Energy Co., Ltd.
Announcement on the Termination of the Share Transfer Agreement and the Change of Control Event
Stock Code: 002667 Stock Abbreviation: *ST Lingxin
Announcement Number: 2026-047
Announcement on the Termination of the Share Transfer Agreement and the Change of Control Event by the Controlling Shareholder
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and are free from any false records, misleading statements, or material omissions.
Lingxin New Energy Co., Ltd. (hereinafter referred to as the "Company") was informed by its controlling shareholder, Shanghai Lingyi New Materials Co., Ltd. (hereinafter referred to as "Shanghai Lingyi"), through a letter from Xizang Shannan Antimony Gold Resources Co., Ltd. (hereinafter referred to as "Shannan Antimony Gold") dated June 12, 2026, that the planned change of control of the Company, as stipulated in the "Share Transfer Agreement" signed by Shanghai Lingyi, shareholder Wen Ping, and Shannan Antimony Gold, has been terminated. The relevant matters are hereby announced as follows:
I. Regarding the Share Transfer Agreement
On November 28, 2025, Shanghai Lingyi, shareholder Wen Ping, and Shannan Antimony Gold signed the "Share Transfer Agreement." Shannan Antimony Gold intended to acquire 20,233,784 shares of the Company (accounting for 7.7646% of the Company's total share capital) held by Shanghai Lingyi and Wen Ping. Concurrently, Shanghai Lingyi pledged to waive the voting rights corresponding to its remaining 14,095,941 shares, and the Company's second largest shareholder, Yang Yongzhu, pledged to waive the voting rights corresponding to his 15,852,268 shares.