Shenzhen Kechuangyuan New Materials Co., Ltd.
Announcement on Progress of Equity Acquisition
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.
I. Transaction Overview
Shenzhen Kechuangyuan New Materials Co., Ltd. (hereinafter referred to as the "Company") held its Nineteenth Board of Directors meeting on May 28, 2026, and its Third Extraordinary Shareholders' Meeting on June 15, 2026, respectively. Both meetings deliberated and approved the "Proposal on the Proposed Acquisition of the Controlling Stake in Dongguan Zhaoke Electronic Materials Technology Co., Ltd. and ZHIKE TECHNOLOGY PTE. LTD. and the Signing of the Equity Transfer Agreement." The Company and COTRAN INTERNATIONAL CO., LIMITED (a company established and existing under the laws of Hong Kong, China, and a wholly-owned subsidiary of the Company, hereinafter referred to as "Hong Kong Kechuang") agreed to acquire the controlling stake in Dongguan Zhaoke Electronic Materials Technology Co., Ltd. (hereinafter referred to as "Dongguan Zhaoke"; including its wholly-owned subsidiary Kunshan Zhaoke Electronic Materials Co., Ltd., hereinafter referred to as "Kunshan Zhaoke") held by Thermazig Limited (Chinese name: S摩格有限公司), and the controlling stake in ZHIKE TECHNOLOGY PTE. LTD. (a company established and existing under the laws of Singapore, Chinese name: 智科科技有限公司, hereinafter referred to as "Singapore Zhike"; including its planned restructured entity Zhaoke Technology Co., Ltd. (a company established and existing under the laws of Taiwan, China) and Vietnam Ziitek Technology Co., Ltd (a company established and existing under the laws of Vietnam, Chinese name: Vietnam Zhaoke Technology Co., Ltd.) held by Liao Zhisheng, for a total cash consideration of RMB 245 million. (The aforementioned matters are hereinafter referred to as the "Transaction," and the aforementioned entities are collectively referred to as the "Parties to the Transaction").