Securities Code: 301003
Securities Abbreviation: Jiangsu Boyun
Announcement Number: 2026-039
Jiangsu Boyun Plastics Co., Ltd.
Announcement on the Progress of Company Shareholder's Equity Transfer and Signing of Supplementary Agreement
The board of directors of the company, all directors, and relevant shareholders guarantee the content of this announcement is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
Special Reminder:
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This equity transfer does not involve a mandatory offer, does not constitute a related party transaction, and will not result in a change of the company's controlling shareholder, actual controller, or corresponding control. It will not affect the company's governance structure or continuous operation, nor will it harm the interests of the company or other shareholders.
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This equity transfer is currently in progress and requires confirmation of compliance from the Shenzhen Stock Exchange, completion of the share transfer registration procedures at the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited, and other approvals required by relevant laws and regulations. Whether this matter can be successfully completed and its outcome remain uncertain. Investors are advised to pay attention to investment risks.
I. Overview of the Equity Transfer Matter
Jiangsu Boyun Plastics Co., Ltd. (hereinafter referred to as the "Company" or "Jiangsu Boyun") announces that its controlling shareholder and actual controller, Mr. Lü Feng, and shareholder Mr. Lu Shiping (collectively referred to as the "Transferors") signed a "Share Transfer Agreement" with Hangzhou Qice Future Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as "Qice Future") and Hangzhou Lvgang Zhichu Enterprise Operation and Management Partnership (Limited Partnership) (hereinafter referred to as "Lvgang Zhichu") on April 22, 2026. The Transferors intend to transfer a total of 22,340,912 shares of the listed company (accounting for 23.00% of the total share capital of the listed company). The above content is detailed in the "Announcement on the Progress of Company Shareholder's Equity Transfer and Change of Equity of Jiangsu Boyun Plastics Co., Ltd." (2026-031) disclosed by the Company on April 27, 2026.
II. Progress of the Equity Transfer
The Company has received notification from its controlling shareholder and actual controller, Mr. Lü Feng, and shareholder Mr. Lu Shiping, that the Transferors signed a "Supplementary Agreement to the Share Transfer Agreement" with Qice Future and Lvgang Zhichu on July 3, 2026. After friendly negotiation between the Transferors and Qice Future and Lvgang Zhichu, a supplementary agreement on the transfer price has been reached.
The main contents are as follows:
(I) Share Transfer Agreement between Hangzhou Lvgang Zhichu Enterprise Operation and Management Partnership (Limited Partnership) and Lü Feng and Lu Shiping for Jiangsu Boyun Plastics Co., Ltd.
Transferors:
Transferor 1: Lü Feng;
Transferor 2: Lu Shiping.
Transferee: Lvgang Zhichu.
The above parties are collectively referred to as "Parties"; individually referred to as "Party," referring to any one of them as the context requires. Transferor 1 and Transferor 2 are collectively referred to as "Transferors."
Whereas:
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The Parties signed the "Share Transfer Agreement of Jiangsu Boyun Plastics Co., Ltd." (hereinafter referred to as the "Share Transfer Agreement") on April 22, 2026, agreeing that the Transferors would transfer a total of 6,799,333 unrestricted A-share tradable shares of Jiangsu Boyun Plastics Co., Ltd. (hereinafter referred to as the "Target Shares"), accounting for 7.00% of the total share capital of the listed company, to the Transferee. Specifically, the Transferee intends to purchase and accept 1,855,963 shares from Transferor 1 (accounting for 1.91% of the total share capital of the listed company); and the Transferee intends to purchase and accept 4,943,370 shares from Transferor 2 (accounting for 5.09% of the total share capital of the listed company) (hereinafter referred to as the "Current Share Transfer").
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The Parties now intend to adjust the agreed price and payment arrangements for the Current Share Transfer under the "Share Transfer Agreement."