002686SZSE
🚨 Material Event

Announcement on Progress of Signing Supplementary Agreement to Share Transfer Agreement and Change of Controlling Shareholder and Actual Controller

Yilida Co., Ltd.··4 pages

✨ AI Summary

This announcement details the progress of a share transfer agreement for Zhejiang Yilida Wind Turbine Co., Ltd. Zhejiang Zheshang Asset Management Co., Ltd. is transferring shares to Tongxiang Rintong Holdings Co., Ltd. and Jiaxing State-owned Capital Investment and Operation Co., Ltd. This will result in a change of controlling shareholder and actual controller, with approvals from relevant authorities obtained.

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Full Translation

AI Translation· gemini_document

Securities Code: 002686

Securities Abbreviation: Yilida

Announcement Number: 2026-033

Zhejiang Yilida Wind Turbine Co., Ltd.

Announcement on Progress of Signing Supplementary Agreement to Share Transfer Agreement and Change of Controlling Shareholder and Actual Controller

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.

I. Basic Situation of the Planned Change of Controlling Shareholder and Actual Controller

On April 3, 2026, the Company's controlling shareholder, Zhejiang Zheshang Asset Management Co., Ltd. (hereinafter referred to as "Zheshang Asset"), and Tongxiang Rintong Holdings Co., Ltd. (hereinafter referred to as "Rintong Holdings"), and Jiaxing State-owned Capital Investment and Operation Co., Ltd. (hereinafter referred to as "Jiaxing Guotou") respectively signed the "Share Transfer Agreement" (hereinafter referred to as the "Transfer Agreement"). According to the Transfer Agreement, Zheshang Asset will transfer 169,815,632 shares of Yilida (approximately 29.99% of the total share capital of the listed company) to Rintong Holdings at a transfer price of RMB 7.80 per share, with a total transfer price of RMB 1,324,561,929.60. Zheshang Asset will transfer 40,316,349 shares of Yilida (approximately 7.12% of the total share capital of the listed company) to Jiaxing Guotou at a transfer price of RMB 7.55 per share, with a total transfer price of RMB 304,388,434.95.

Upon completion of this change in equity, the Company's controlling shareholder will change from Zheshang Asset to Rintong Holdings, and the actual controller will change from the State-owned Assets Supervision and Administration Commission of Zhejiang Provincial People's Government (hereinafter referred to as "Zhejiang SASAC") to the Tongxiang Municipal Finance Bureau.

The change of controlling shareholder and actual controller has been approved by Zhejiang SASAC, the State-owned Assets Supervision and Administration Commission of Jiaxing Municipal People's Government, and the Tongxiang Municipal Finance Bureau (State-owned Assets Administration). The State Administration for Market Regulation has issued the "Decision Not to Further Review on Concentration of Undertakings" (Anti-monopoly Review).

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