301285SZSE
🚨 Material Event

Announcement on the Transfer of Part of Subsidiary's Equity and Related Party Transaction

HONG RI DA Technology Company Limited··11 pages

✨ AI Summary

Hongri Da Technology Co., Ltd. announces the transfer of 92% of its subsidiary, Hongguang Communication (Kunshan) Co., Ltd., to its controlling shareholder, Wang Yutian, for RMB 1,848,722.72. This transaction aims to optimize asset structure and facilitate capital flow. The subsidiary will be deconsolidated, and the transaction is considered a related party transaction.

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Full Translation

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Securities Code: 301285

Securities Abbreviation: Hongri Da

Announcement No.: 2026-054

Hongri Da Technology Co., Ltd.

Announcement on the Transfer of Part of Subsidiary's Equity and Related Party Transaction

The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Special Notice:

  1. This transaction will result in a change in the scope of the Company's consolidated financial statements, and Hongguang Communication (Kunshan) Co., Ltd. will no longer be included in the Company's consolidated financial statements.

  2. According to the asset appraisal report issued by Zhongshui Zhiyuan Asset Appraisal Co., Ltd. (Zhongshui Zhiyuan Appraisal Report [2026] No. 020586), as of the appraisal benchmark date of December 31, 2025, the total owner's equity value of Hongguang Communication (Kunshan) Co., Ltd. was appraised at RMB 2,009,481.22. Based on the appraisal report, the equity transfer price is calculated as RMB 1,848,722.72, representing 92% of the equity.

  3. The completion of this transaction is subject to the completion of the equity transfer procedures by the relevant parties in accordance with the agreement, and the successful implementation of this transaction is still uncertain. The impact on the Company's profit and loss will ultimately be based on the actual transaction results and the audit results of the Company's annual auditor.

  4. This transaction is conducive to optimizing the Company's asset structure and enhancing its sustainable operating capacity. However, this transaction still needs to be carried out as agreed. Given that the transaction price will be paid in a lump sum, the progress of fund arrival may be affected by objective factors such as the macroeconomic environment and fundraising, which presents a certain degree of uncertainty. The Company will continue to supervise the performance of the agreement and make timely announcements. Investors are requested to pay attention to relevant investment risks.

  5. The main business of the transaction target, Hongguang Communication (Kunshan) Co., Ltd., is the research and development, design, and production of active optical components. Currently, there is no business progress, and no patent rights or software copyrights have been obtained. After the completion of this transaction, the business operated by Hongguang Communication will not constitute unfair competition with the current passive optical component business of Hongri Da Technology Co., Ltd.

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