Jiang Xue, the actual controller of Shiyan Taixiang Industrial Co., Ltd. (hereinafter referred to as "Taixiang" or "the Company"), guarantees that the information provided to the Company is true, accurate, and complete, without any false records, misleading statements, or significant omissions. The Company and all members of the Board of Directors ensure that the announcement content is consistent with the information disclosed by the information disclosure obligor.
Important Content Reminder:
- The transferor Jiang Xue (hereinafter referred to as "the Transferor") is the actual controller of the listed company, a shareholder holding more than 5%, the deputy general manager, and the board secretary. The method of this equity change is through inquiry transfer. After this equity change, Jiang Xue and her concerted actors' total shareholding ratio decreased from 73.35% to 68.09% (hereinafter referred to as "this equity change"), which touches the integer multiple of 5%. This equity change will not lead to a change in the controlling shareholder and actual controller of the Company and will not have a significant impact on the Company's governance structure and ongoing operations.
- This inquiry transfer is a non-public transfer method and will not be conducted through centralized bidding or block trading, thus not triggering a tender offer. The shares acquired through the inquiry transfer cannot be transferred within six months after acquisition.
- The number of shares transferred by Jiang Xue in this inquiry transfer is 2,100,000 shares, accounting for 2.10% of the Company's total share capital; the inquiry transfer price is 22.14 CNY/share, with a transaction amount of 46,494,000 CNY.
- As of the date of this announcement, the above inquiry transfer has been completed.
I. Transferor Information
(1) Basic Information of the Transferor
The Transferor entrusted Huatai United Securities Co., Ltd. (hereinafter referred to as "Huatai United Securities" or "the Organizing Broker") to organize the inquiry transfer of shares before the initial public offering of Taixiang. The planned number of shares to be transferred through inquiry transfer is 2,100,000 shares, accounting for 2.10% of the Company's total share capital. For details, see the Company's disclosure on March 2026 on the Giant Tide Information Network (www.cninfo.com.cn) regarding the "Shareholder Inquiry Transfer Plan" (Announcement No. 2026-012) and the "Notice of Pricing Situation for Shareholder Inquiry Transfer" (Announcement No. 2026-013), as well as the verification opinion issued by Huatai United Securities.
As of March 23, 2026, the number of shares held by the Transferor and the proportion of total share capital are as follows:
| Shareholder Name | Number of Shares (shares) | Proportion of Total Share Capital |
|---|---|---|
| Jiang Xue | 12,241,730 | 12.25% |
As of the date of this announcement, the above inquiry transfer plan has been completed. The actual number of shares transferred by the Transferor is 2,100,000 shares, with an inquiry transfer price of 22.14 CNY/share, resulting in a transaction amount of 46,494,000 CNY. Jiang Xue, the Transferor, is the actual controller, deputy general manager, and board secretary of the Company.
(2) Concerted Action Relationship and Specific Situation Description
Jiang Xue is the actual controller of the Company. Wang Shibin and Shiyan Zhongyuan Equity Investment Center (Limited Partnership) (hereinafter referred to as "Zhongyuan Investment") are concerted actors with Jiang Xue.
(3) Specific Situation of the Transfer
The upper limit of shares to be transferred in this inquiry transfer is 2,100,000 shares. After the allocation to the transferee, the situation of this inquiry transfer is as follows: