Shiming Technology announced that the 17th meeting of the 5th board of directors of the company was held on December 25, 2025. The review approved the transfer of part of the subsidiary's shares and related transactions, and it was agreed that the company and Shiying Capital would transfer 17% of Kaimen Additives's shares to the Kunshan Longyan Capital Management Partnership for 33.32 million yuan. After the transaction was completed, the company's shareholding was reduced to 9%, and Shiying Capital no longer held shares. It also passed a bill on the estimated amount of daily related transactions in 2026. The company and its subsidiaries plan to trade no more than 10 million yuan with Kaimen Additives, mainly to purchase products. Neither bill is required to be submitted to the shareholders' meeting for consideration.

Shiming Technology announced that the 17th meeting of the 5th board of directors of the company was held on December 25, 2025. The review approved the transfer of part of the subsidiary's shares and related transactions, and it was agreed that the company and Shiying Capital would transfer 17% of Kaimen Additives's shares to the Kunshan Longyan Capital Management Partnership for 33.32 million yuan. After the transaction was completed, the company's shareholding was reduced to 9%, and Shiying Capital no longer held shares. It also passed a bill on the estimated amount of daily related transactions in 2026. The company and its subsidiaries plan to trade no more than 10 million yuan with Kaimen Additives, mainly to purchase products. Neither bill is required to be submitted to the shareholders' meeting for consideration.