Yabang Co., Ltd. announced that the company plans to transfer 100% of the shares and claims of the wholly-owned subsidiary Jiangsu Daobo Chemical Co., Ltd. through public listing and packaging on the Changzhou Property Exchange. The initial listing price was determined by no less than the registered asset evaluation results. Currently, it is still in the planning stage, and the pre-listing will only pre-disclose information. As of June 30, 2026, the company's loan balance to Daobo Chemical was 160 million yuan; Daobo Chemical's audited net assets for 2025 were -105 million yuan, and net profit was -8.03 million yuan. The transaction still needs to go through the state-owned assets supervision and approval process, and there is uncertainty about whether it can be completed and the transaction consideration.

Yabang Co., Ltd. announced that the company plans to transfer 100% of the shares and claims of the wholly-owned subsidiary Jiangsu Daobo Chemical Co., Ltd. through public listing and packaging on the Changzhou Property Exchange. The initial listing price was determined by no less than the registered asset evaluation results. Currently, it is still in the planning stage, and the pre-listing will only pre-disclose information. As of June 30, 2026, the company's loan balance to Daobo Chemical was 160 million yuan; Daobo Chemical's audited net assets for 2025 were -105 million yuan, and net profit was -8.03 million yuan. The transaction still needs to go through the state-owned assets supervision and approval process, and there is uncertainty about whether it can be completed and the transaction consideration.