301055SZSE
🚨 Material Event

Detailed Report on Changes in Equity (Fuyang Peng)

Zhang Xiaoqian Co., Ltd.··29 pages

✨ AI Summary

Fuyang Peng is acquiring a 28.23% stake in Zhang Xiaoquan through a court-ordered restructuring of Zhang Xiaoquan Group. The total investment is RMB 750.32 million, funded by Fuyang Peng's own and self-raised capital. This move aims to support Zhang Xiaoquan's brand development and long-term growth.

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Full Translation

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Detailed Report on Changes in Equity

Information Disclosure Obligor Statement

The terms or abbreviations used in this statement have the same meanings as defined in the "Definitions" section of this report.

I. This report is prepared by the information disclosure obligor in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for the Takeover of Listed Companies," "Rules for the Contents and Formats of Information Disclosure of Publicly Issued Securities No. 15 - Reports on Changes in Equity," "Rules for the Contents and Formats of Information Disclosure of Publicly Issued Securities No. 16 - Reports on Takeover of Listed Companies," and other relevant laws, regulations, and normative documents.

II. The information disclosure obligor has obtained the necessary authorization and approval for signing this report, and its performance does not violate or conflict with any provisions of its articles of association or internal rules.

III. In accordance with the provisions of the "Securities Law of the People's Republic of China" and the "Administrative Measures for the Takeover of Listed Companies," this report fully discloses the changes in the equity interests held by the information disclosure obligor in Zhang Xiaoquan Co., Ltd. As of the signing date of this report, other than the information disclosed herein, the information disclosure obligor has not increased or decreased its shareholding in the listed company through any other means.

IV. This change in equity is based on the information disclosed in this report. Except for the information disclosure obligor and the professional institutions hired by it, no other person has been authorized or entrusted to provide information not listed in this report or to make any explanation or clarification regarding this report.

V. This change in equity does not trigger mandatory offer obligations.

The information disclosure obligor hereby undertakes that this report is free from any false records, misleading statements, or major omissions, and shall bear individual and joint legal responsibility for its truthfulness, accuracy, completeness, and timeliness.

Table of Contents

Information Disclosure Obligor Statement 1

Table of Contents 2

Definitions 3

Section 1 Introduction to the Information Disclosure Obligor 4

Section 2 Purpose and Procedures of the Change in Equity 12

Section 3 Method of Change in Equity 14

Section 4 Source of Funds 15

Section 5 Future Plans 16

Section 6 Analysis of the Impact on the Listed Company 17

Section 7 Major Transactions with the Listed Company 20

Section 8 Trading of Listed Company Shares in the Past Six Months 21

Section 9 Financial Information of the Information Disclosure Obligor 22

Section 10 Other Major Matters 23

Section 11 Documents for Reference 24

Definitions

Unless otherwise specified, the following terms and abbreviations in this report have the following specific meanings:

Report, this report, "Detailed Report on Changes in Equity" refers to "Detailed Report on Changes in Equity of Zhang Xiaoquan Co., Ltd."

Company, Listed Company, Zhang Xiaoquan refers to Zhang Xiaoquan Co., Ltd.

Zhang Xiaoquan Group refers to Hangzhou Zhang Xiaoquan Group Co., Ltd.

Information Disclosure Obligor, Fuyang Peng refers to Hangzhou Fuyang Peng Qichen Self-Owned Fund Investment Partnership (Limited Partnership)

Suzhou Dongtong refers to Suzhou Dongtong Information Industry Development Co., Ltd.

Change in Equity refers to the increase in indirectly held shares of the listed company by the information disclosure obligor due to a court ruling.

"Articles of Association" refers to the "Articles of Association of Zhang Xiaoquan Co., Ltd."

"Company Law of the People's Republic of China" refers to the "Company Law of the People's Republic of China"

"Securities Law of the People's Republic of China" refers to the "Securities Law of the People's Republic of China"

"Takeover Measures" refers to the "Administrative Measures for the Takeover of Listed Companies"

China Securities Regulatory Commission refers to China Securities Regulatory Commission

SZSE refers to Shenzhen Stock Exchange

RMB/Ten Thousand Yuan/Hundred Million Yuan refers to RMB Yuan/RMB Ten Thousand Yuan/RMB Hundred Million Yuan

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