Summary of Key Points Core Viewpoint - The company plans to optimize its investment structure by selling part of its stake in Suzhou Linghou Robot Co., Ltd for a consideration of 64 million yuan, which represents approximately 18.29% of the company's registered capital in Suzhou Linghou. After the transaction, the company will hold 21.61% of the equity in Suzhou Linghou [1][3][4]. Transaction Overview - The transaction involves the sale of 2,031.75 million yuan of registered capital in Suzhou Linghou, with the company expecting to receive 64 million yuan. This sale is part of the company's strategy to enhance asset liquidity and operational efficiency [3][4]. - The transaction does not constitute a related party transaction or a major asset restructuring as per the relevant regulations [1][4]. Financial Implications - The company anticipates that the transaction will generate an estimated profit of approximately 45.13 million yuan, which will positively impact the company's financial statements for 2025 [24]. - The valuation of Suzhou Linghou has increased by 40% compared to the previous round of financing, with the current valuation set at 350 million yuan [15]. Board Approval and Compliance - The transaction was approved by the company's board of directors on September 19, 2025, and does not require shareholder approval [6]. - The company has confirmed that all necessary approvals and agreements have been obtained to facilitate the transaction [18][19]. Stakeholder Information - The buyers of the equity include several investment firms, all of which are not related parties to the company and have the capacity to fulfill their payment obligations [6][23]. - The transaction is structured to ensure that the rights and obligations associated with the equity are clearly defined and that there are no existing encumbrances on the shares being sold [10][20].

Meeting Details - The sixth session of the Supervisory Board of Jiangsu Dingsheng New Energy Materials Co., Ltd. was held on August 22, 2025, with all three supervisors present [1][2] - The meeting was conducted in accordance with the Company Law of the People's Republic of China and the company's articles of association, ensuring its legality and validity [1] Resolution Summary - The Supervisory Board approved the issuance of shares by Jiaozuo Wanfang Aluminum Co., Ltd. to acquire 0.5714% equity in Cayman Aluminum (Sanmenxia) Co., Ltd. held by the company [1] - The issuance price for the shares is set at 5.39 yuan per share, with the company expected to receive 34,061,376 shares from this transaction [1] - The transaction will not affect the company's consolidated financial statements, and the company maintains a stable and good financial condition [1][2] - The transaction does not involve cash payment and will not adversely impact the company's main business, ongoing operations, cash flow, or asset status, aligning with the company's long-term strategic development [1]