Stock Code: 002932 Stock Abbreviation: *ST Mingde Listing Venue: Shenzhen Stock Exchange
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Wuhan Mingde Biotech Co., Ltd.
Report on the Implementation of Major Asset Purchase
Independent Financial Advisor
Changjiang Financing Services Co., Ltd.
August 2026
Company Statement
The Company and all directors and senior management guarantee the truthfulness, accuracy, and completeness of the contents of this report, and assume corresponding legal liability for any false records, misleading statements, or major omissions in this report. Other relevant parties to this transaction have promised that the documents and materials provided are true, accurate, and complete, and contain no false records, misleading statements, or major omissions.
Any decisions or opinions made by relevant regulatory authorities regarding this transaction do not represent a substantive judgment or guarantee of the value of the Company's shares or investor returns. Any statement to the contrary is a false and untrue statement.
After the completion of this transaction, the Company is responsible for changes in its operations and earnings; investors shall bear the investment risks arising from this transaction. If investors have any questions regarding this report, they should consult their stock brokers, lawyers, professional accountants, or other professional advisors.
Table of Contents
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Company Statement
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Table of Contents
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Definitions
Section 1 Overview of the Transaction
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Specific Plan for the Transaction
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Nature of the Transaction
Section 2 Implementation of the Transaction
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Decision-making and Approval of the Transaction
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Handling of Asset Transfer or Delivery and Related Creditor-Debtor Matters
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Differences Between Actual Implementation and Previously Disclosed Information
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Changes in Directors, Supervisors, and Senior Management of the Target and Adjustments to Other Relevant Personnel
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Whether Funds or Assets of the Listed Company Were Occupied by the Actual Controller or Other Related Parties, or Whether the Listed Company Provided Guarantees for the Actual Controller and Their Related Parties During the Restructuring
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Performance of Relevant Agreements and Commitments
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Compliance and Risks of Relevant Subsequent Matters
Section 3 Conclusions of Intermediary Agencies on the Implementation of the Transaction
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Conclusion of the Independent Financial Advisor on the Implementation of the Transaction
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Conclusion of the Legal Advisor on the Implementation of the Transaction
Section 4 Documents Available for Inspection
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Documents Available for Inspection
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Locations for Inspection
Definitions
In this report, unless the context otherwise requires, the following abbreviations and terms have the following meanings: