002838SZSE

Explanation of the Draft Report on Issuing Shares and Paying Cash for Asset Acquisition and Related Transactions

Shandong Dawn Polymer Co., Ltd.··2 pages

✨ AI Summary

Shandong Daosen High-Performance Materials Co., Ltd. plans to issue shares and pay cash to acquire 100% of a target company. The company is submitting relevant documents to the Shenzhen Stock Exchange for review. The acquisition is pending an updated valuation report due by June 30, 2025. Key updates to the draft report include revised transaction risks and supplementary information on the transaction plan.

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Shandong Daosen High-Performance Materials Co., Ltd. (hereinafter referred to as "the Company") proposes to issue shares and pay cash for the acquisition of 100% of the equity of Shandong Daosen High-Performance Materials Co., Ltd. (hereinafter referred to as "the Target Company").

The Company will notify the Shenzhen Stock Exchange (hereinafter referred to as "the Exchange") regarding this transaction and submit relevant documents for review. The Company has requested to supplement the materials submitted for this transaction, as the documents contain effective valuation data that need to be supplemented according to the Exchange's regulations.

As of now, the Company has requested the evaluation agency to complete the evaluation report by June 30, 2025, and the Company will update the relevant materials accordingly.

The main updates to this report are as follows:

ChapterUpdate Details
Major Issues1. Update on the risks associated with the transaction. 2. Supplement the information regarding the transaction plan.
Important Risk Indicators1. Update on the risk indicators related to the transaction.

In addition to the above supplements and revisions, the Company will also conduct a comprehensive review and finalize the report, ensuring all necessary documentation is complete.

This announcement is made.

Shandong Daosen High-Performance Materials Co., Ltd. Board of Directors
February 27, 2026

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