300598SZSE
🚨 Material Event

Announcement on Progress of Share Transfer of Investee Company

✨ AI Summary

This announcement details the progress of the share transfer of a subsidiary, Tongxin Software. The buyer, Beijing Jiashu Investment, has paid 51% of the transfer price but has not yet paid the remaining 416.5 million RMB. The agreement stipulates that if the payment is not made within the agreed timeframe, the buyer must return the partially transferred shares.

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Full Translation

AI Translation· gemini_document

[Company] and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.

Wacom Technology Co., Ltd. (hereinafter referred to as "the Company" or "Party A") previously signed the "Equity Transfer Agreement" and supplementary agreement regarding Tongxin Software Technology Co., Ltd. (hereinafter referred to as "Tongxin Software") with Beijing Jiashu Investment Co., Ltd. (hereinafter referred to as "Jiashu Investment" or "Party B"). According to the agreement, Party B should pay the remaining transfer price of RMB 416.5 million to the account designated by Party A before June 30, 2026. As of June 30, 2026, the Company has not received the remaining equity transfer payment.

I. Basic Situation of Previous Equity Transfer Matters

On December 1, 2023, the Company held the eighth meeting of the fourth Board of Directors, which reviewed and approved the "Proposal on the Proposed Transfer of Part of the Equity of an Investee Company." For details, please refer to the "Announcement on the Proposed Transfer of Part of the Equity of an Investee Company" published on the CNINFO website (www.cninfo.com.cn) (Announcement No.: 2023-082). On December 19, 2023, the Company disclosed the "Announcement on the Progress of the Proposed Transfer of Part of the Equity of an Investee Company" on the CNINFO website (www.cninfo.com.cn) (Announcement No.: 2023-091). On December 22, 2023, the Company held the second extraordinary general meeting of shareholders in 2023, which reviewed and approved the relevant Tongxin Software equity transfer matters.

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