Securities Code: 300901 Securities Abbreviation: Zhongyin Fashion Announcement No.: 2026-017
Zhejiang Zhongyin Fashion Co., Ltd. Announcement on the Acquisition of Assets by a Controlled Subsidiary
The Company and the Board of Directors of the Company guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
Special Reminder: The settlement currency for this asset purchase is USD and is a pre-tax amount. The final transaction amount is subject to fluctuations in exchange rates and relevant tax rates, and there is a degree of uncertainty. Investors are kindly requested to pay attention to investment risks.
Zhejiang Zhongyin Fashion Co., Ltd. (hereinafter referred to as the "Company") held its 2026 Third Extraordinary Board Meeting on March 27, 2026, and approved the "Proposal on the Acquisition of Assets by a Controlled Subsidiary." It was agreed that the controlled subsidiary, Zhejiang Yingnuo Cloud Electronic Technology Co., Ltd. (hereinafter referred to as "Yingnuo Cloud"), would purchase fixed assets.
This matter is for the Company's Board of Directors to review and does not require shareholder approval. The specific details are hereby announced as follows:
I. Overview of the Transaction