300535SZSE
🚨 Material Event

Announcement on the Equity Transfer and Capital Increase of a Controlling Subsidiary

Dawell Co., Ltd.··6 pages

✨ AI Summary

Sichuan Dawai Technology Co., Ltd. announced a strategic equity transfer of 60% of Shanghai Jinshi Chemical Technology Co., Ltd. to its wholly-owned subsidiary, Shanghai Dawai Chip New Materials Co., Ltd. The capital increase will amount to 40.8 million yuan from Dawai and 17.2 million yuan in intangible assets from Chengdu Langxu New Materials Technology Co., Ltd. The registered capital of Jinshi Technology will rise from 2 million to 60 million yuan.

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Full Translation

AI Translation· azure_openai

Securities Code: 300535
Securities Abbreviation: Dawai Co., Ltd.
Announcement Number: 2026-039

Sichuan Dawai Technology Co., Ltd. announces the equity transfer and capital increase of its controlling subsidiary. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

I. Transaction Overview

  1. Basic Information
    Sichuan Dawai Technology Co., Ltd. (hereinafter referred to as "the Company" or "Dawai Co., Ltd.") convened the fifth meeting of the seventh board of directors on June 2, 2026, to review and approve the proposal on the equity transfer and capital increase of its controlling subsidiary. The Company plans to transfer 60% of its equity in Shanghai Jinshi Chemical Technology Co., Ltd. (hereinafter referred to as "Jinshi Technology") to its wholly-owned subsidiary, Shanghai Dawai Chip New Materials Co., Ltd. (hereinafter referred to as "Dawai Chip New Materials"). After the equity transfer is completed, Jinshi Technology will become a controlling subsidiary of Dawai Chip New Materials, and the Company will no longer hold shares in Jinshi Technology directly. To expand the Company's chemical product line and develop the electronic chemical industry, the Company intends to increase capital in Jinshi Technology through Dawai Chip New Materials with 40.8 million yuan of its own funds and physical assets, while Chengdu Langxu New Materials Technology Co., Ltd. (hereinafter referred to as "Langxu New Materials") plans to increase capital in Jinshi Technology with 17.2 million yuan in intangible assets. The equity structure of Jinshi Technology before and after the transaction is as follows:
Shareholder NameBefore Equity TransferAfter Equity TransferCapital Increase Amount (10,000 yuan)After Capital Increase Registered Capital (10,000 yuan)Shareholding RatioRegistered Capital (10,000 yuan)Shareholding Ratio
Sichuan Dawai Technology Co., Ltd.12060%--60%--
Shanghai Dawai Chip New Materials Co., Ltd.--12060%4,0804,20070%
Chengdu Langxu New Materials Technology Co., Ltd.8040%8040%1,7201,80030%
Total200100%200100%5,8006,000100%

After the capital increase, the registered capital of Jinshi Technology will increase from 2 million yuan to 60 million yuan. The Company will gradually contribute funds based on operational needs. As of the date of this announcement, Langxu New Materials has not yet obtained the intangible asset evaluation report. If the evaluation value of the intangible assets is lower than the agreed contribution amount, Langxu New Materials commits to make up the difference with its own funds or physical assets. This equity transfer and capital increase fall within the board's approval authority and do not require submission to the shareholders' meeting for review. This equity transfer and capital increase do not constitute a major asset reorganization as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies," nor do they constitute related party transactions.

II. Basic Information of the Transaction Target

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