Black Cat Co., Ltd. announced that the company signed a “property rights transaction contract” with Lianchuang Co., Ltd. on July 16, 2026 to transfer 20% of its shares in Inner Mongolia Lianhe Fluorocarbon New Materials Co., Ltd. to Lianchuang shares for 61.8511 million yuan. Information on this public listing transfer was disclosed from May 16 to June 12, and an eligible intended transferee of Lianchuang Co., Ltd. was solicited during the listing period. After the transaction was completed, the company no longer held shares in the joint venture. This transaction does not constitute a related transaction or major asset restructuring, which is conducive to revitalizing assets and improving the efficiency of capital use.

Black Cat Co., Ltd. announced that the company signed a “property rights transaction contract” with Lianchuang Co., Ltd. on July 16, 2026 to transfer 20% of its shares in Inner Mongolia Lianhe Fluorocarbon New Materials Co., Ltd. to Lianchuang shares for 61.8511 million yuan. Information on this public listing transfer was disclosed from May 16 to June 12, and an eligible intended transferee of Lianchuang Co., Ltd. was solicited during the listing period. After the transaction was completed, the company no longer held shares in the joint venture. This transaction does not constitute a related transaction or major asset restructuring, which is conducive to revitalizing assets and improving the efficiency of capital use.