Shenyang Siasun Robot Automation Co., Ltd.
Announcement on Capital Increase and Share Expansion of Wholly-Owned Subsidiary to Introduce Investors
The company and its board of directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Transaction Overview
Shenyang Siasun Robot Automation Co., Ltd. (hereinafter referred to as the "Company")'s wholly-owned subsidiary, Shenyang Siasun DianShi Technology Co., Ltd. (hereinafter referred to as "DianShi Technology" or the "Target Company"), plans to introduce no less than 3 investors through public listing on the Beijing Property Exchange via capital increase and share expansion. The total capital to be raised is intended to be no less than RMB 50 million. The Company waives its pre-emptive subscription rights for this capital increase. The final investors, their respective shareholding ratios, and the amount of capital raised will be subject to the results of the public listing transaction. Upon completion of this capital increase, DianShi Technology will no longer be included in the Company's consolidated financial statements.
The capital increase and share expansion of DianShi Technology has obtained the consent of the Company's actual controller, the Shenyang Institute of Automation, Chinese Academy of Sciences. On July 17, 2026, the Company held the ninth meeting of its eighth Board of Directors, which deliberated and approved the "Proposal on Capital Increase and Share Expansion of Wholly-Owned Subsidiary to Introduce Investors." In accordance with the "Shenzhen Stock Exchange ChiNext Stock Listing Rules" and other relevant laws and regulations, as well as the "Articles of Association," this transaction falls within the scope of the Board of Directors' authority and does not require submission to the shareholders' meeting for deliberation. As the transaction method for this capital increase and share expansion is public listing, the final investors, the amount of capital raised, and the share price are yet to be determined. It is currently impossible to determine whether this constitutes a related-party transaction. If the final successful bidder is a related party, the Company will strictly follow the relevant laws and regulations to fulfill the approval procedures for related-party transactions. This capital increase and share expansion does not constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
II. Basic Information of the Transacting Party
Shenyang Siasun DianShi Technology Co., Ltd. plans to introduce investors through public listing for its capital increase and share expansion. The transacting party is currently undetermined. It is intended to introduce no less than 3 investors. The introduction of these transacting parties will focus on selecting partners with strong comprehensive capabilities, compatible corporate cultures, and synergistic industrial development that can contribute to DianShi Technology's long-term development.
III. Basic Information of the Target Company
(I) Overview of the Target Company
Company Name: Shenyang Siasun DianShi Technology Co., Ltd.
Enterprise Type: Limited Liability Company (Wholly-owned by a legal person not invested or controlled by natural persons)
Unified Social Credit Code: 91210112MACLEAHL1L
Registered Capital: RMB 20 million
Registered Address: No. 15-2 Feiyun Road, Hunnan District, Shenyang City, Liaoning Province
Legal Representative: Wang Yupeng
Date of Establishment: May 26, 2023
Main Business: Research and development, production, manufacturing, and sales of intelligent robots, industrial cleaning robot products, etc.
(II) Key Financial Indicators
As of June 30, 2026, DianShi Technology had total assets of RMB 429.988 million, total liabilities of RMB 359.943 million, and net assets of RMB 70.045 million. From January to June 2026, operating revenue was RMB 149.274 million, operating profit was -RMB 32.782 million, and net profit was -RMB 32.782 million. (The above data is unaudited)