浙江康隆达特种防护科技股份有限公司关于出售下属子公司股权的公告

Core Viewpoint - Zhejiang Kanglongda Special Protection Technology Co., Ltd. plans to sell 100% equity of Suay Chin International Pte. Ltd. to NIANGADOU DISTRIBUT COMPAGNIE SAU for £7,046,670 (approximately 66.36 million RMB) to focus on its core business and optimize asset structure [2][5][16] Transaction Overview - The transaction involves the sale of Suay Chin, which is jointly held by the company's wholly-owned subsidiary, Zhejiang Jinhao New Materials Co., Ltd., and Hu Yanxia [2][5] - The equity structure before the transaction shows that Tai'an Xinchang holds 51% and Hu Yanxia holds 49% of Suay Chin [5][10] - The transaction has been approved by the company's board of directors and does not require shareholder approval [4][7] Financial Details - The sale price of £7,046,670 corresponds to approximately 33.84 million RMB for the 51% stake held by Tai'an Xinchang and approximately 32.52 million RMB for the 49% stake held by Hu Yanxia [5][16] - The transaction is expected to increase the company's equity by approximately 5.16 million RMB in 2026, subject to final audit confirmation [16] Buyer Information - NIANGADOU DISTRIBUT COMPAGNIE SAU is the buyer, and there are no existing relationships between the buyer and the company that could affect the transaction [8] Asset Details - Suay Chin is an investment company that holds 1,806,838,559 shares of Kodal Minerals Plc, listed on the AIM market in the UK [9][12] - The ownership of Suay Chin is clear, with no encumbrances or legal disputes affecting the transfer [9][12] Pricing and Valuation - The agreed purchase price of £7,046,670 is based on a negotiated price of £0.0039 per share, reflecting the average market price of Kodal shares [12][13] - The pricing is deemed fair and reasonable, with no detriment to the interests of the company's shareholders [12][16] Impact on Company - The transaction aligns with the company's strategy to enhance operational efficiency and reduce management costs [16] - Post-transaction, Suay Chin will no longer be included in the company's consolidated financial statements [16]