Securities Code: 300992
Bond Code: 123160
Securities Abbreviation: Taifoo Pump Industry
Bond Abbreviation: Taifoo Convertible Bond
Announcement Number: 2026-062
Zhejiang Taifoo Pump Industry Co., Ltd.
Announcement on the Progress of the Company's Control Right Transfer
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Basic Situation of the Current Control Right Transfer
On March 30, 2026, Zhejiang Taifoo Pump Industry Co., Ltd. (hereinafter referred to as the "Listed Company" or the "Company"), its actual controllers Mr. Chen Yiwen and Ms. Lin Hui, and their concerted party Wenzhou City Di Jiu Electronic Technology Co., Ltd. (hereinafter referred to as "Di Jiu Electronic") jointly signed the "Agreement for the Acquisition of Control Rights of Zhejiang Taifoo Pump Industry Co., Ltd." (hereinafter referred to as the "Control Rights Acquisition Agreement"). The agreement stipulates that Mr. Chen Yiwen and Ms. Lin Hui will transfer 3,988,506 shares and 1,000,000 shares of the Listed Company, respectively, to Yuan Yuan Xing (Shanghai) Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as "Yuan Yuan Xing") through an agreement transfer (accounting for 4.18% and 1.05% of the total share capital of the Listed Company, respectively). Mr. Chen Yiwen and Ms. Lin Hui will transfer 100% of the equity of Di Jiu Electronic to Yuan Yuan Xing through equity transfer. After the transfer is completed, Yuan Yuan Xing will indirectly hold 18,000,000 shares of the Listed Company (accounting for 18.88% of the total share capital of the Listed Company) through Di Jiu Electronic. After this transfer is completed, Yuan Yuan Xing will directly and indirectly hold a total of 24.11% of the total share capital of the Listed Company. The transfer price of these shares is RMB 35.67 per share. For specific details, please refer to the relevant announcement disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn) on March 30, 2026.