300615SZSE
🚨 Material Event

Detailed Report on Changes in Equity for Shenzhen Sunway Communication Co., Ltd.

Xintian Technology Co., Ltd.··43 pages

✨ AI Summary

Shenzhen Yuanqi Infinite Technology Partnership (Limited Partnership) has entered into an agreement to acquire 43,422,354 shares of Shenzhen Sunway Communication Co., Ltd., representing 22.50% of the total share capital. This acquisition is being conducted via a negotiated transfer from existing shareholders. The transaction remains subject to compliance confirmation by the Shenzhen Stock Exchange and subsequent share transfer registration procedures.

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Full Translation

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Detailed Report on Changes in Equity

Listed Company Information

Listed Company Name: Shenzhen Sunway Communication Co., Ltd.

Stock Exchange: Shenzhen Stock Exchange

Stock Abbreviation: Sunway Communication

Stock Code: 300615.SZ

Information Disclosure Obligor

Information Disclosure Obligor: Shenzhen Yuanqi Infinite Technology Partnership (Limited Partnership)

Registered Address: Room 1006, Building 10, Shenzhen Bay Tech-Eco Park, Gaoxin South 9th Road, Gaoxin District Community, Yuehai Street, Nanshan District, Shenzhen

Correspondence Address: Room 1006, Building 10, Shenzhen Bay Tech-Eco Park, Gaoxin South 9th Road, Gaoxin District Community, Yuehai Street, Nanshan District, Shenzhen

Nature of Equity Change: Increase in shareholding (negotiated transfer)

Date: August 2026

Declaration of Information Disclosure Obligor

  1. This report is prepared in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for the Takeover of Listed Companies, the Standards for the Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 15 - Report on Changes in Equity, the Standards for the Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 16 - Report on the Takeover of Listed Companies, and other relevant laws, regulations, and normative documents.

  2. In accordance with the Securities Law of the People's Republic of China and the Administrative Measures for the Takeover of Listed Companies, this report has fully disclosed the shares in Shenzhen Sunway Communication Co., Ltd. held by the information disclosure obligor. As of the signing date of this report, except for the shareholding information disclosed herein, the information disclosure obligor does not hold any equity in Shenzhen Sunway Communication Co., Ltd. through any other means.

  3. The information disclosure obligor has obtained the necessary authorizations and approvals to sign this report, and its performance does not violate or conflict with any terms of the obligor's articles of association or internal rules.

  4. This change in equity is based on the information contained in this report. Except for the information disclosure obligor and the professional institutions engaged, no other person has been entrusted or authorized to provide information not contained in this report or to make any explanations or statements regarding this report.

  5. The information disclosure obligor warrants that this report does not contain any false records, misleading statements, or major omissions, and assumes individual and joint legal liability for its authenticity, accuracy, and completeness.

  6. This change in equity is conducted via a negotiated transfer. The transfer is subject to compliance confirmation by the Shenzhen Stock Exchange and the completion of share transfer registration procedures at the Shenzhen Branch of China Securities Depository and Clearing Corporation. There is uncertainty regarding whether the relevant approval procedures will be passed and the timing thereof; investors are advised to be aware of the associated risks.

Table of Contents

  • Declaration of Information Disclosure Obligor 2

  • Definitions 4

  • Section I: Introduction to Information Disclosure Obligor 5

  • Section II: Purpose of Equity Change and Decision-making Procedures 11

  • Section III: Method of Equity Change 13

  • Section IV: Sources of Funds 26

  • Section V: Subsequent Plans 27

  • Section VI: Analysis of Impact on Listed Company 29

  • Section VII: Major Transactions with Listed Company 33

  • Section VIII: Trading of Listed Company Shares in the Past Six Months 34

  • Section IX: Financial Information of Information Disclosure Obligor 35

  • Section X: Other Major Matters 36

  • Section XI: Documents Available for Inspection 37

  • Declaration of Information Disclosure Obligor 38

  • Financial Advisor Statement 39

  • Appendix: Detailed Report on Changes in Equity 41

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