Shenzhen Tongye Technology Co., Ltd. (hereinafter referred to as the "Company" or "Tongye Technology") held the 15th meeting of the 4th Board of Directors on May 29, 2026, where it reviewed and approved the "Proposal on Terminating the Major Asset Restructuring and Signing Relevant Termination Agreements." The Company agreed to terminate the cash acquisition of 91.69% equity of Beijing Silingke Semiconductor Technology Co., Ltd. (hereinafter referred to as the "Target Company") (hereinafter referred to as the "Transaction") and authorized the management to handle matters related to the termination. For details, please refer to the "Announcement on Terminating the Major Asset Restructuring" and related announcements disclosed by the Company on May 29, 2026, on Juchao Information (www.cninfo.com.cn).
In accordance with the "Administrative Measures for Major Asset Restructuring of Listed Companies," the "Guidelines for Information Disclosure of Companies Offering Securities to the Public No. 26—Major Asset Restructuring of Listed Companies," and the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 8—Major Asset Restructuring," the Company conducted a self-inspection of stock trading by insiders related to the termination of this major asset restructuring.
I. Self-Inspection Period for Insiders of the Transaction
The self-inspection period is from the date of disclosure of the "Shenzhen Tongye Technology Co., Ltd. Major Asset Purchase and Related Party Transaction Report (Draft)" to the date of disclosure of the announcement on the termination of the major asset restructuring (i.e., December 27, 2025, to May 29, 2026, hereinafter referred to as the "Self-Inspection Period").
II. Scope of Self-Inspection for Insiders of the Transaction
The scope of self-inspection for insiders of the transaction includes:
- The listed company and its directors, former supervisors (prior to the dissolution of the Supervisory Committee), senior management, and relevant informed personnel;
- Relevant informed personnel of the transaction counterparty, its controlling shareholders, actual controllers, directors, supervisors, senior management, or key principals;
- The controlling shareholder of the listed company, its persons acting in concert, and their directors, supervisors, senior management, and relevant informed personnel;
- The target company and its key principals and relevant informed personnel;
- Relevant intermediaries providing services for the transaction and their handling personnel;
- Other legal entities and natural persons who are aware of the inside information of the transaction;
- Immediate family members of the aforementioned natural persons, including spouses, parents, and adult children.
III. Stock Trading by Insiders
According to the "Certificate of Shareholding and Share Change Inquiry for Information Disclosure Obligors" and the "Detailed List of Shareholder Share Changes" issued by China Securities Depository and Clearing Corporation Shenzhen Branch, and the self-inspection reports issued by the subjects of the self-inspection, the relevant stock transactions or shareholding changes during the self-inspection period are as follows:
(I) Stock Trading by Legal Entities
- China Merchants Securities Co., Ltd.
During the self-inspection period, China Merchants Securities Co., Ltd. traded the Company's shares as follows:
| Name | Nature of Transaction | Cumulative Buy (Shares) | Cumulative Sell (Shares) | Balance at End of Period (Shares) |
|---|---|---|---|---|
| Financial Market Investment Headquarters Derivative Investment Department | Hedging long-short return swap risk | 24,100 | 20,800 | 4,580 |
Regarding the above stock trading, China Merchants Securities Co., Ltd. stated: "The Company's trading of the listed company's shares strictly complied with the regulatory requirements of the China Securities Regulatory Commission and the stock exchange, as well as the Company's relevant regulations. The aforementioned stock trading did not involve the use of inside information."