Gelonghui, March 14, 丨 Dinglong Co., Ltd. (300054.SZ) announced that the company plans to use its own capital to purchase some minority shareholders' shares in the holding subsidiary Rouxian Technology at a price of 7.85 million yuan per share, with reference to the latest round of post-investment valuation of 467.6 million yuan implemented by Rouxian Technology in April 2022 (hereinafter referred to as “Qushui Taihao”), with an acquisition price of 319.495 million yuan; Mr. Li Wenchao holds 5.17% of Rouxian Technology's shares at a purchase price of 24.1709 million yuan.

After the transaction was completed, the company's shareholding ratio of Rouxian Technology was changed from 70% to 82%. Rouxian Technology is still a holding subsidiary within the scope of the company's consolidated statements; Qushui Taihao withdrew; and Mr. Li Wenchao's shareholding ratio of Rouxian Technology was changed from 11.17% to 6%.