Securities Code: 301606
Securities Abbreviation: Lv Lian Technology
Announcement No.: 2026-026
Shenzhen Lv Lian Technology Co., Ltd.
Announcement on Progress of Participation in Reorganization of Zhongzhi Property (Shenzhen) Co., Ltd.
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Special Reminder:
Zhongzhi Property (Shenzhen) Co., Ltd. (hereinafter referred to as "Zhongzhi Property") recently completed the industrial and commercial change procedures for equity transfer and obtained a renewed business license from the Shenzhen Administration for Market Regulation. Upon completion of this equity change, Zhongzhi Property has become a wholly-owned subsidiary of Shenzhen Lv Lian Technology Co., Ltd. (hereinafter referred to as the "Company," "Lv Lian Technology," or "Investor").
I. Overview of Reorganization
Zhongzhi Property (Shenzhen) Co., Ltd. is the applicant for the urban renewal project of Yuanfen Village Industrial Factory in Longhua District, Shenzhen. In order to further optimize its overall strategic plan and based on the Company's actual situation, Shenzhen Lv Lian Technology Co., Ltd. plans to participate in the pre-reorganization of Zhongzhi Property using its own funds, acquire 100% of its equity, and collectively undertake the land use rights and other major assets and rights held by Zhongzhi Property through holding its equity (hereinafter referred to as the "Transaction").
On November 29, 2024, the Shenzhen Intermediate People's Court (hereinafter referred to as the "Shenzhen Intermediate Court") issued the ruling (2024) Yue 03 Po Shen 1020, deciding to initiate pre-reorganization for Zhongzhi Property and appointing Shenzhen Jinda'an Liquidation Affairs Co., Ltd. and Beijing Tiandahe (Shenzhen) Law Firm as the pre-reorganization administrators (hereinafter referred to as the "Pre-reorganization Administrators" or "Administrators"). On March 28, 2025, based on the "Guiding Opinions on the Trial of Enterprise Reorganization Cases by the Shenzhen Intermediate People's Court (Trial)" and other regulations, the Pre-reorganization Administrators, after reporting to the Shenzhen Intermediate Court, issued the "Announcement on Public Recruitment and Selection of Reorganization Investors for the Pre-reorganization Case of Zhongzhi Property (Shenzhen) Co., Ltd." (hereinafter referred to as the "Recruitment Announcement"), deciding to publicly recruit and select investors for the pre-reorganization/reorganization of Zhongzhi Property.