Shenzhen Fangzhi Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Important Content Reminder:
- Mr. Huang Xiaofeng, a shareholder holding over 5% of the Company, intends to transfer 14,953,750 shares of Fangzhi Technology to Mr. Zhang Zhizhang through an agreement, accounting for 5.94% of the Company's total share capital.
- This agreement transfer does not trigger a mandatory bid, does not constitute a related party transaction, will not lead to changes in the Company's controlling shareholder or actual controller, and will not have a significant impact on the Company's governance structure and ongoing operations.
- The agreement transfer is subject to compliance review by the Shenzhen Stock Exchange before the transfer procedures can be processed by the Shenzhen branch of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as "China Clearing Shenzhen Branch"). There is uncertainty regarding the final completion of the transfer, and investors are advised to invest rationally and be aware of investment risks.
I. Overview of the Agreement Transfer
On May 16, 2026, Mr. Huang Xiaofeng signed the "Share Transfer Agreement" with Mr. Zhang Zhizhang, intending to transfer 14,953,750 shares (unrestricted circulating shares) at a price of 12 RMB per share, totaling 179,445,000 RMB. For detailed information, please refer to the "Announcement on the Agreement Transfer of Shares by Shareholders Holding Over 5%" (Announcement No. 2026-021), "Simplified Report on Equity Changes (Transferor and its Concerted Actors)," and "Simplified Report on Equity Changes (Transferee)" disclosed by the Company on May 19, 2026, on the Giant Tide Information Network (www.cninfo.com.cn).