Yabang Co., Ltd.: Listing for transfer of 100% equity and claims of Ningxia Yadong Chemical, with a listing price of 52.6 million yuan

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Yabang Co., Ltd. announced that it will publicly list for transfer at the Changzhou Property Rights Exchange Limited Company the 100% equity interest in Ningxia Yadong Chemical Co., Ltd. held by its controlling subsidiary Jiangsu Henglong Crop Protection Co., Ltd., as well as the debts the Company holds in relation to Ningxia Yadong. The listing price is RMB 52.6001 million, of which the total equity value (for Ningxia Yadong) is listed at RMB 100, and the listing price of the debts the Company holds is RMB 52.6 million. According to the valuation report issued by Kun Yuan Asset Appraisal Co., Ltd., as of December 31, 2025, the value of the debts the Company holds is RMB 52.6 million, and the total equity value of Ningxia Yadong is -RMB 38.3775 million. This transaction is intended to optimize the Company’s asset structure, improve asset operation efficiency, and focus on the development of its core businesses.

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