Siquan New Materials announced that in 2025, the company will issue RMB 3.238 million common shares to specific targets at an issue price of 143.88 yuan/share. After the issuance was completed, the total share capital of the company was changed from 113 million shares to 116 million shares. The controlling shareholder and actual controller, Ren Zeming, and his co-actors, Shenzhen Zhongsen, were not subscribed. The number of shares held remained unchanged. The total shareholding ratio was passively diluted from 26.27% to 25.54%, and the change in equity reached an integer factor of 1%. This change in equity will not result in a change in the controlling shareholder or actual controller.

Siquan New Materials announced that in 2025, the company will issue RMB 3.238 million common shares to specific targets at an issue price of 143.88 yuan/share. After the issuance was completed, the total share capital of the company was changed from 113 million shares to 116 million shares. The controlling shareholder and actual controller, Ren Zeming, and his co-actors, Shenzhen Zhongsen, were not subscribed. The number of shares held remained unchanged. The total shareholding ratio was passively diluted from 26.27% to 25.54%, and the change in equity reached an integer factor of 1%. This change in equity will not result in a change in the controlling shareholder or actual controller.