Securities Code: 002724
Securities Abbreviation: Haiyan Wang
Announcement Number: 2026-038
Haiyan Wang Lighting Technology Co., Ltd.
Announcement on Progress and Completion of Industrial and Commercial Registration for Acquisition of Equity in Subsidiaries from Minority Shareholders
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, with no false records, misleading statements, or material omissions.
I. Transaction Overview
Haiyan Wang Lighting Technology Co., Ltd. (hereinafter referred to as "Haiyan Wang" or "the Company") held the Seventh Meeting of the Seventh Board of Directors on April 27, 2026, which reviewed and approved the "Proposal on the Acquisition of Equity in Subsidiaries from Minority Shareholders and Related Party Transactions." The Company intends to use its own funds to acquire the equity held by Shenzhen Guangzhi Technology Investment Partnership (Limited Partnership) (hereinafter referred to as "Guangzhi Technology"), Shenzhen Guangzhi No. 1 Lighting Investment Partnership (Limited Partnership) (hereinafter referred to as "Guangzhi No. 1"), Li Zhipeng, Shenzhen Guangzhi No. 2 Lighting Investment Partnership (Limited Partnership) (hereinafter referred to as "Guangzhi No. 2"), Li Changluo, Shenzhen Guangzhi No. 3 Lighting Investment Partnership (Limited Partnership) (hereinafter referred to as "Guangzhi No. 3"), Xu Ya, Shenzhen Guangzhi No. 4 Lighting Investment Partnership (Limited Partnership) (hereinafter referred to as "Guangzhi No. 4"), Sun Zhiqiang, Shenzhen Guangzhi No. 5 Lighting Investment Partnership (Limited Partnership) (hereinafter referred to as "Guangzhi No. 5"), Chen Sheng, Shenzhen Guangzhi No. 6 Lighting Investment Partnership (Limited Partnership) (hereinafter referred to as "Guangzhi No. 6"), Deng Feng, Shenzhen Guangzhi No. 7 Lighting Investment Partnership (Limited Partnership) (hereinafter referred to as "Guangzhi No. 7"), Hao Liping, Shenzhen Guangzhi No. 8 Lighting Investment Partnership (Limited Partnership) (hereinafter referred to as "Guangzhi No. 8"), and Zhuo Huadong in Shenzhen Haiyan Wang Power Grid Lighting Technology Co., Ltd. (hereinafter referred to as "Power Grid Lighting"), Shenzhen Haiyan Wang Petroleum Lighting Technology Co., Ltd. (hereinafter referred to as "Petroleum Lighting"), Shenzhen Haiyan Wang Railway Lighting Technology Co., Ltd. (hereinafter referred to as "Railway Lighting"), Shenzhen Haiyan Wang Stadium Lighting Technology Co., Ltd. (hereinafter referred to as "Stadium Lighting"), Shenzhen Haiyan Wang Green Lighting Technology Co., Ltd. (hereinafter referred to as "Green Lighting"), Shenzhen Haiyan Wang Public Safety Lighting Technology Co., Ltd. (hereinafter referred to as "Public Safety Lighting"), Shenzhen Haiyan Wang Petrochemical Lighting Technology Co., Ltd. (hereinafter referred to as "Petrochemical Lighting"), and Shenzhen Haiyan Wang Electric Power Co., Ltd. (hereinafter referred to as "Electric Power Company"). The total transaction amount is RMB 174.8623 million. Upon completion of this equity acquisition, the Company's equity in Power Grid Lighting, Petroleum Lighting, Railway Lighting, Stadium Lighting, Green Lighting, Public Safety Lighting, Electric Power Company, and Petrochemical Lighting will increase to 100%. The aforementioned eight subsidiaries will become wholly-owned subsidiaries of the Company, and the scope of consolidated financial statements will not change due to this equity acquisition.
For details, please refer to the "Announcement on the Acquisition of Equity in Subsidiaries from Minority Shareholders and Related Party Transactions" (Announcement Number: 2026-014) disclosed by the Company on the Juchao Information Network (http://www.cninfo.com.cn).
II. Transaction Progress
Recently, the transaction has been successfully completed. The equity transfer and industrial and commercial registration procedures have been completed, and the Shenzhen Administration for Market Regulation has reissued new "Business Licenses." Power Grid Lighting, Petroleum Lighting, Railway Lighting, Stadium Lighting, Green Lighting, Public Safety Lighting, Electric Power Company, and Petrochemical Lighting have become wholly-owned subsidiaries of the Company.
The relevant registration information after the change is hereby announced as follows: