Securities Code: 301115
Securities Abbreviation: Lianjian Technology
Announcement Number: 2026-063
Lianjian (Jiangsu) Technology Co., Ltd.
Announcement on Signing the Performance Compensation Agreement for Southwest Detection and Completion of Performance Compensation
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false or misleading statements or significant omissions.
On August 8, 2023, Lianjian (Jiangsu) Technology Co., Ltd. (hereinafter referred to as the "Company" or "Lianjian Technology", formerly known as "Changzhou Construction Science Research Institute Group Co., Ltd.") held its fifth board of directors' second meeting and reviewed and approved the "Proposal on the Company's Use of Part of the Raised Funds to Acquire Part of the Equity of Hangzhou Southwest Detection Technology Co., Ltd.". The Company signed the "Equity Transfer Agreement" (hereinafter referred to as the "Original Agreement") with Yao Wenxiao (hereinafter referred to as the "Transferor" or "Performance Promisor"), the original shareholder of Hangzhou Southwest Detection Technology Co., Ltd. (hereinafter referred to as "Southwest Detection"). The Company acquired a 55% equity stake in Southwest Detection for RMB 76.4 million (total acquisition price of RMB 80.9 million, of which RMB 4.5 million was paid as a deposit with its own funds, leaving RMB 76.4 million). For details, please refer to the "Announcement on the Company's Use of Part of the Raised Funds to Acquire Part of the Equity of Hangzhou Southwest Detection Technology Co., Ltd." disclosed by the Company on Giant Information Network (www.cninfo.com.cn) on August 8, 2023 (Announcement Number: 2023-045).
According to the audit report issued by Rongcheng Certified Public Accountants (Special General Partnership), the performance commitment period for Southwest Detection ended in 2025. If the cumulative net profit realized during the performance commitment period was less than the cumulative committed net profit, the performance promisor shall compensate the Company according to the Original Agreement. For details, please refer to the "Announcement on Southwest Detection Technology Co., Ltd.'s Failure to Complete Performance Commitments and Related Performance Compensation" disclosed by the Company on Giant Information Network (www.cninfo.com.cn) on April 28, 2026 (Announcement Number: 2026-020).
On July 13, 2026, the Company held its sixth board of directors' second meeting and reviewed and approved the "Proposal on Signing the Performance Compensation Agreement for Southwest Detection". In this agreement, the parties confirmed the performance compensation amount calculated according to the terms of the Original Agreement, which is RMB 6,577,805.67. In addition, the "Performance Compensation Payment Method" in the Original Agreement was amended from "the乙方 shall remit the compensation in cash in full to the account designated by the甲方 within one month after receiving the written notice from the甲方" to "the甲方 shall deduct the compensation in full from the sixth installment of the target equity transfer payment of RMB 12.944 million payable by the甲方 to the乙方". Except for the above, other terms of the Original Agreement remain unchanged.
As of the disclosure date of this announcement, the Company has completed the signing of the performance compensation agreement with the performance promisor Yao Wenxiao, and the performance compensation obligation has been fulfilled simultaneously. The signing of this agreement does not involve the exemption, reduction, or disguised reduction of the compensation liability of the performance compensation obligor, nor does it involve the exemption of performance compensation or the adjustment of compensation conditions.
The details of the use of raised funds and performance compensation are hereby announced as follows:
I. Basic Situation of Raised Funds