Securities Code: 300961
Securities Abbreviation: Shenshui Haina
Announcement Number: 2026-033
Shenshui Haina Water Services Group Co., Ltd.
Announcement on Termination of Agreement for Termination of Share Transfer and Change of Company Control by Controlling Shareholder and Related Parties
The Company and the entire Board of Directors guarantee that the content of the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
Shenshui Haina Water Services Group Co., Ltd. (hereinafter referred to as the "Company" or "Shenshui Haina") received a notice from its controlling shareholder and actual controller, Mr. Li Haibo. It is learned that the controlling shareholder and actual controller, Mr. Li Haibo, and his concerted party Tibet Haina Bochuang Management Co., Ltd. (hereinafter referred to as "Tibet Haina Bochuang"), and related shareholder Anyi Shenshui Investment Partnership (Limited Partnership) (hereinafter referred to as "Anyi Shenshui") (the aforementioned three parties are collectively referred to as the "Transferors") signed a "Termination Agreement" with Maoming Development Group Co., Ltd. (hereinafter referred to as "Maoming Development Group" or "Transferee") on July 3, 2026. The parties have reached a consensus on terminating the share transfer and change of control matters. The relevant matters are hereby announced as follows:
I. Basic情况 of Share Transfer and Change of Control
The Company's controlling shareholder and actual controller, Mr. Li Haibo, Tibet Haina Bochuang, and Anyi Shenshui signed the "Share Transfer Agreement," "Memorandum of Understanding," and "Memorandum of Understanding (II)" with Maoming Development Group on December 13, 2024, December 23, 2024, and March 5, 2025, respectively. Maoming Development Group intended to acquire the Company's shares held by Mr. Li Haibo and his concerted parties Tibet Haina Bochuang and Anyi Shenshui, intending to acquire a total of 45,361,867 shares of the Company. The transaction was to be implemented in stages. Maoming Development Group has paid an earnest money of 50 million yuan and a deposit of 30 million yuan. The parties have reached an agreement on the conversion of earnest money and deposit into debt, repayment of debt and interest, and guarantees. For specific details, please refer to the "Notice of Signing Share Transfer Agreement by Controlling Shareholder, Actual Controller and Concerted Parties, and Proposed Change of Company Control" (Announcement No.: 2024-063) disclosed by the Company on the Juchao Information Network (http://www.cninfo.com.cn) on December 13, 2024, the "Progress Announcement on Signing Share Transfer Agreement by Controlling Shareholder, Actual Controller and Concerted Parties, and Proposed Change of Company Control" (Announcement No.: 2024-067) disclosed by the Company on December 25, 2024, and the "Progress Announcement on Proposed Change of Company Control" (Announcement No.: 2025-013) disclosed by the Company on March 7, 2025.
II. Specifics of Termination of Share Transfer
Given that the conditions of the transaction have changed, and after careful consideration and friendly negotiation by all parties, Mr. Li Haibo, Tibet Haina Bochuang, Anyi Shenshui, and Maoming Development Group signed the relevant termination agreement on July 3, 2026, agreeing to terminate the share transfer and the related matters of change of company control. The main contents of the "Termination Agreement" are as follows: