The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Securities Code: 300938
Securities Abbreviation: Xince Standard
Announcement Number: 2026-032
I. Overview of Related Transactions
Shenzhen Xince Standard Technology Service Co., Ltd. (hereinafter referred to as "the Company") approved the proposal on the deregistration of its wholly-owned subsidiary, Shanghai Wanwuchain Shangzhixin Technology Co., Ltd. (hereinafter referred to as "Wanwuchain Shangzhixin"), at the fifteenth meeting of the fifth board of directors held on March 30, 2026. The management team is authorized to handle the relevant liquidation and deregistration matters in accordance with the law. Upon completion of the deregistration, Wanwuchain Shangzhixin will no longer be included in the Company's consolidated financial statements. Wanwuchain Shangzhixin was established in July 2025 through investments by the Company and related party Mr. Lv Jiezhong. According to the regulations of the Shenzhen Stock Exchange's Growth Enterprise Market Listing Rules, the deregistration of Wanwuchain Shangzhixin constitutes a related transaction. Related director Mr. Lv Jiezhong abstained from voting, and the other six non-related directors unanimously approved the proposal. The independent directors held a special meeting to review this transaction, and all independent directors agreed to the related transaction. This transaction does not constitute a significant asset reorganization as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies" and does not require approval from relevant departments. This matter falls within the decision-making authority of the Company's board of directors and does not need to be submitted for shareholder meeting approval.
II. Introduction of Related Parties
Mr. Lv Jiezhong: Chinese nationality, no permanent residence abroad, born in 1970, holds a master's degree, and is not a person subject to enforcement for dishonesty. Mr. Lv Jiezhong is the actual controller of the Company and serves as the chairman of the board. According to the relevant regulations including the Shenzhen Stock Exchange's Growth Enterprise Market Listing Rules, the Shenzhen Stock Exchange's Self-Regulatory Guidelines No. 7 on Transactions and Related Transactions, and the Articles of Association of Shenzhen Xince Standard Technology Service Co., Ltd. (hereinafter referred to as "the Articles of Association"), Mr. Lv Jiezhong is a related natural person of the Company.