Announcement on Revision of the Report (Draft) Regarding Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds and Related Party Transactions
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and are free from any false representations, misleading statements, or material omissions.
I. Transaction Overview
Shaoyang Vic Hydraulic Co., Ltd. (hereinafter referred to as the "Company") plans to issue shares and pay cash to acquire 100% equity of Chongqing Xinchenghangrui Technology Co., Ltd. (hereinafter referred to as "Xinchenghangrui") from shareholders including Ling Jun and Deng Hongxin, and raise supporting funds (hereinafter referred to as the "Transaction").
On January 15, 2026, the Company received the "Inquiry Letter on the Application for Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds" (Audit Letter [2026] No. 030003) (hereinafter referred to as the "Inquiry Letter") from the Shenzhen Stock Exchange. On March 16, 2026, the Company disclosed the "Reply Report on the Inquiry Letter on the Application for Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds" (hereinafter referred to as the "Inquiry Letter Reply") and the "Report (Draft) on Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds and Related Party Transactions" (hereinafter referred to as the "Restructuring Report"), among other relevant documents.