Section 1: Definitions
In this report, unless otherwise specified, the following abbreviations have the following meanings:
| Term | Meaning |
|---|---|
| This Report, the Report | Simplified Report on Changes in Equity of Zhejiang Meida Industrial Co., Ltd. |
| Information Disclosure Obligor | Xia Zhisheng, Xia Ding (son of Xia Zhisheng), Xia Lan (daughter of Xia Zhisheng) |
| Zhejiang Meida, the Company, the Listed Company | Zhejiang Meida Industrial Co., Ltd. |
| Shares in question | 193,750,889 shares of the listed company involved in this transaction |
| Change in Equity, Change in Ownership | Xia Zhisheng and Xia Ding plan to transfer shares of Zhejiang Meida to Shenzhen Xinglan Investment Partnership (Limited Partnership) by way of agreement transfer, transferring 91,739,335 shares and 102,011,554 shares respectively (accounting for 14.20% and 15.79% of the company's total share capital), resulting in the information disclosure obligors holding 22.42% of the company's shares after the change. |
| "Share Transfer Agreement" | "Share Transfer Agreement between Zhejiang Meida Industrial Co., Ltd. and Shenzhen Xinglan Investment Partnership (Limited Partnership)" signed by Mr. Xia Zhisheng, Mr. Xia Ding, and Shenzhen Xinglan Investment Partnership (Limited Partnership) on July 16, 2026. |
| Transferor | Mr. Xia Zhisheng, Mr. Xia Ding |
| Transferee, Shenzhen Xinglan | Shenzhen Xinglan Investment Partnership (Limited Partnership) |
| China Securities Regulatory Commission | China Securities Regulatory Commission |
| SZSE | Shenzhen Stock Exchange |
| Registration and Clearing Company | China Securities Depository and Clearing Corporation Limited Shenzhen Branch |
| RMB, RMB ten thousand | Renminbi Yuan, Renminbi ten thousand Yuan |
Section 2: Introduction of Information Disclosure Obligors
Basic Information of Information Disclosure Obligors
(1) Information Disclosure Obligor 1
| Item | Information |
|---|---|
| Name | Xia Zhisheng |
| Gender | Male |
| Nationality | China |
| ID Number | 33042319411105**** |
| Address | Haining City, Zhejiang Province******** |
| Mailing Address | Yuanhua Town, Haining City, Zhejiang Province****** |
| Whether has obtained residency in other countries or regions | No |
(2) Information Disclosure Obligor 2
| Item | Information |
|---|---|
| Name | Xia Ding |
| Gender | Male |
| Nationality | China |
| ID Number | 33041919770405**** |
| Address | Haining City, Zhejiang Province******** |
| Mailing Address | Yuanhua Town, Haining City, Zhejiang Province****** |
| Whether has obtained residency in other countries or regions | No |
(3) Information Disclosure Obligor 3
| Item | Information |
|---|---|
| Name | Xia Lan |
| Gender | Female |
| Nationality | China |
| ID Number | 33041919781120**** |
| Address | Haining City, Zhejiang Province******** |
| Mailing Address | Yuanhua Town, Haining City, Zhejiang Province****** |
| Whether has obtained residency in other countries or regions | No |
Relationship Between Information Disclosure Obligors
Mr. Xia Ding is the son of Mr. Xia Zhisheng, and Ms. Xia Lan is the daughter of Mr. Xia Zhisheng. According to the relevant provisions of the "Administrative Measures for the Takeover of Listed Companies," the aforementioned shareholders are deemed to be acting in concert.
Situation where Information Disclosure Obligors hold shares in other domestic or foreign listed companies reaching or exceeding 5% of the issued shares
As of the date of signing this report, the information disclosure obligors do not hold shares in other domestic or foreign listed companies reaching or exceeding 5% of the issued shares.
Section 3: Purpose of the Change in Equity
Mr. Xia Zhisheng and Mr. Xia Ding, considering the long-term development of the listed company, aim to further enhance the company's sustainable operating capability by introducing strategic shareholders and transferring control through an agreement transfer, thereby promoting the company's transformation and upgrading and continuously creating value for small and medium shareholders.