300554SZSE
🚨 Material Event

Announcement on Progress of Share Transfer by Shareholder and Signing of Supplementary Agreement

Sanchao New Materials Co., Ltd.··4 pages

✨ AI Summary

Nanjing San Chao New Materials Co., Ltd. announces progress on its shareholder agreement to transfer shares. The transfer involves 8.735 million shares at ¥24.52 per share, totaling ¥214.19 million. A supplementary agreement has been signed to amend terms, including payment deadlines and penalty clauses, with the transfer still subject to regulatory approval.

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Full Translation

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Nanjing San Chao New Materials Co., Ltd.

Announcement on Progress of Share Transfer by Shareholder and Signing of Supplementary Agreement

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.

Special Reminder:

  1. This share transfer will not result in a change of control of the Company, will not harm the interests of the Company and small and medium shareholders, and will not violate any relevant commitments.

  2. This share transfer is subject to the compliance review by the Shenzhen Stock Exchange and the completion of the transfer procedures at the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. Whether this matter can be finally implemented and the outcome of the implementation are subject to uncertainty. Investors are advised to pay attention to relevant risks.

I. Overview of the Share Transfer

On June 18, 2026, Nanjing San Chao New Materials Co., Ltd. (hereinafter referred to as "the Company") entered into the "Second Phase Share Transfer Agreement of Nanjing San Chao New Materials Co., Ltd." with its controlling shareholder Zou Yuyao and Wuxi Boda Heyi Technology Co., Ltd. (hereinafter referred to as "Boda Heyi" or "the Transferee") and Wuxi Boda New Energy Technology Co., Ltd. (hereinafter referred to as "Boda New Energy"). Zou Yuyao intends to transfer 8,735,384 shares held in the Company to Boda Heyi, representing 7.65% of the total share capital of the Company. The transfer price is RMB 24.52 per share, and the total transfer price is RMB 214,191,615.68. For details, please refer to the "Announcement on the Progress of Share Transfer by Shareholder and Change of Equity of Nanjing San Chao New Materials Co., Ltd." (Announcement No.: 2026-046) disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn) on June 18, 2026.

II. Progress of the Share Transfer

On June 26, 2026, the Company's controlling shareholder Zou Yuyao signed the "Supplementary Agreement to the Second Phase Share Transfer Agreement of Nanjing San Chao New Materials Co., Ltd." with Boda Heyi and Boda New Energy. The main contents are as follows:

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