Wanze Co., Ltd. (000534.SZ): Subsidiary Shanghai Wanze plans to introduce strategic investors

Gelonghui, March 26 - Wanze Co., Ltd. (000534.SZ) announced that, based on the company’s strategic development needs, its subsidiary Shanghai Wanze Precision Casting Co., Ltd. (referred to as “Shanghai Wanze”) intends to further introduce strategic investors. The shareholder of Shanghai Wanze, Beijing Guofa Aviation Engine Industry Investment Fund Center (Limited Partnership) (referred to as “Aviation Fund”), intends to transfer its 3.1204% equity in Shanghai Wanze (corresponding to a registered capital of 4,090,909 yuan) to Zeshi (Suzhou) Advanced Technology Achievement Transformation Fund (Limited Partnership) (referred to as “Zeshi Fund”), Shanghai Lingang Digital Science and Technology Venture Capital Partnership (Limited Partnership) (referred to as “Lingang Digital Science”), and Shanghai Lingang Ceyuan Venture Capital Partnership (Limited Partnership) (referred to as “Lingang Ceyuan”), with a total equity transfer price of 47,204,126 yuan. The company’s subsidiary, Shenzhen Wanze Precision Casting Technology Co., Ltd. (referred to as “Shenzhen Wanze Precision”) and Shenzhen Wanze Aviation Materials Research Co., Ltd. (referred to as “Wanze Aviation”), as shareholders of Shanghai Wanze, waive their corresponding preemptive rights. After the completion of this equity transfer, the Aviation Fund will no longer hold any equity in Shanghai Wanze.

Lingang Digital Science, Lingang Ceyuan, Hebei Jiaotou Investment High-tech Industry Investment Fund Partnership (Limited Partnership) (referred to as “Hebei Jiaotou”), Anhui Jiaokong Investment Industry Investment Fund (Limited Partnership) (referred to as “Anhui Jiaokong”), Jinan Huijian Jun’an Intelligent Manufacturing Industry Investment Fund Partnership (Limited Partnership) (referred to as “Jinan Huijian”), Shanghai Lingang Guotai Junan Technology Frontier Industry Private Equity Fund Partnership (Limited Partnership) (referred to as “Lingang Guotai”), Shanghai Fengtou Xianchuang Phase II Private Equity Investment Fund Partnership (Limited Partnership) (referred to as “Fengtou Xianchuang”), Xiamen Shenwan Torch Science and Technology Innovation Industry Investment Fund Partnership (Limited Partnership) (referred to as “Shenwan Torch”), Shanghai State-owned Enterprise Reform Development Phase III Private Equity Investment Fund Partnership (Limited Partnership) (referred to as “State-owned Enterprise Reform Development Fund”), Anhui Province Low-altitude Economic Industry Fund Partnership (Limited Partnership) (referred to as “Anhui Low-altitude”, collectively referred to as “this round of capital increase parties” along with Lingang Digital Science, Lingang Ceyuan, Hebei Jiaotou, Anhui Jiaokong, Jinan Huijian, Lingang Guotai, Fengtou Xianchuang, Shenwan Torch, and State-owned Enterprise Reform Development Fund) plans to act as strategic investors to increase capital in Shanghai Wanze, with a total capital increase amount of 307,795,874 yuan. Shanghai Wanze and/or the company and/or the company-designated company (referring only to Shenzhen Wanze Precision and/or Wanze Aviation) will act as the repurchase obligors for this capital increase. The company’s subsidiaries Shenzhen Wanze Precision and Wanze Aviation, as shareholders of Shanghai Wanze, waive their corresponding subscription rights.