Announcement on the Progress of Transfer of AnDe Technology 51% Equity and Completion of Industrial and Commercial Registration

Hua Wu Co., Ltd.·June 26, 2026·1 page

✨ AI Summary

Jiangxi Huawu Brake Co., Ltd. announces the progress of transferring 51% equity of its wholly-owned subsidiary, AnDe Technology, to Mr. Yan Pingzhong for RMB 145.35 million. The transfer has been approved by the board and shareholders. The first installment has been paid, and a pledge agreement secures future payments.

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Full Translation

AI Translation· gemini_document

Jiangxi Huawu Brake Co., Ltd. (hereinafter referred to as the "Company")

Announcement No.: 2026 - 050

Stock Code: 300095

Stock Abbreviation: Huawu Shares

The Board of Directors and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Jiangxi Huawu Brake Co., Ltd. (hereinafter referred to as the "Company") held the 17th meeting of the Sixth Board of Directors on April 27, 2026, and reviewed and approved the "Proposal on the Transfer of 51% Equity of Wholly-Owned Subsidiary AnDe Technology". It was agreed that the Company would transfer 51% of the eq

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