Shenzhen Longood Intelligent Electric Co., Ltd.
Stock Code: 300543
Stock Abbreviation: Longood Intelligent
Announcement Number: 2026-027
Announcement on Acquiring Part of Guangdong Langgu Technology Co., Ltd. Equity and Gaining Control
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
Special Notice:
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Shenzhen Longood Intelligent Electric Co., Ltd. (hereinafter referred to as the "Company" or "Longood Intelligent") intends to acquire 35% of the equity of Guangdong Langgu Technology Co., Ltd. (hereinafter referred to as "Langgu Technology") held by Chen Wan Gen and Li Song Wan with its own funds of RMB 36.75 million. Upon completion of this transaction, the Company's shareholding in Langgu Technology will increase from 25% to 60%, and Langgu Technology will become a controlling subsidiary of the Company and be included in the consolidated financial statements.
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According to the "GEM Stock Listing Rules of the Shenzhen Stock Exchange" and the "GEM Listed Company Self-Regulatory Guidelines No. 2 - Standardized Operation of GEM Listed Companies" and other relevant regulations, this transaction does not constitute a related-party transaction, nor does it constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
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This transaction has been reviewed and approved by the ninth meeting of the fifth Board of Directors of the Company. According to the "GEM Stock Listing Rules of the Shenzhen Stock Exchange," the "Company Articles of Association," and other relevant regulations, it does not require submission to the Company's shareholders' meeting for approval.
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For the risks related to this transaction, please refer to "VII. Risks of This Transaction" in this announcement. Investors are advised to invest rationally, make prudent decisions, and pay attention to investment risks.
I. Transaction Overview
(I) Basic Situation of the Transaction
In accordance with the Company's strategic development plan, the Company intends to acquire 35% of the equity of Guangdong Langgu Technology Co., Ltd. held by Chen Wan Gen and Li Song Wan for RMB 36.75 million. The parties signed the "Equity Transfer Agreement between Shenzhen Longood Intelligent Electric Co., Ltd. and Chen Wan Gen and Li Song Wan, and Beijing Sanwu'er Environmental Protection Technology Co., Ltd. for Guangdong Langgu Technology Co., Ltd." (hereinafter referred to as the "Transaction Agreement") on July 13, 2026. Upon completion of this transaction, the Company will hold a total of 60% of the equity of Langgu Technology, and Langgu Technology will become a controlling subsidiary of the Company and be included in the consolidated financial statements. According to the "GEM Stock Listing Rules of the Shenzhen Stock Exchange" and other relevant regulations, this transaction does not constitute a related-party transaction, nor does it constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
(II) Decision-Making and Approval Procedures
This transaction has been reviewed and approved by the ninth meeting of the fifth Board of Directors of the Company. According to the "GEM Stock Listing Rules of the Shenzhen Stock Exchange," the absolute value of the Company's earnings per share in the most recent fiscal year was less than RMB 0.05, so this transaction is exempt from the shareholders' meeting approval procedure. This transaction does not require approval from relevant authorities.
II. Basic Information of the Transaction Counterparties
- Transaction Counterparty One
Name: Chen Wan Gen
Address: Poyang County, Shangrao City, Jiangxi Province
Employer: Guangdong Langgu Technology Co., Ltd.
- Transaction Counterparty Two
Name: Li Song Wan
Address: Yuanzhou District, Yichun City, Jiangxi Province