China Conch Venture clarifies pricing policy, sets RMB 100 million cap for Shanghai Shanshan services deal

• China Conch Venture issued a supplemental clarification on its continuing connected transaction to supply processing services under the Shanghai Shanshan framework agreement.
• Service fees set case-by-case using cost inputs, prevailing market pricing, and comparable quotes to independent third-party clients to ensure arm’s-length terms.
• Annual cap reaffirmed at RMB 100 million for 20 July 2026 to 31 December 2026, based on expected volume and CV Sunway capacity ramp-up.
• Prior transactions below RMB 1 million were described as trial-stage activity, not indicative of expected orders for the rest of 2026.
• Rationale cited stronger anode-material demand, improved asset utilization, and better cash flow, while keeping flexibility amid an uncertain disposal process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Conch Venture Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260827-12301964), on August 27, 2026, and is solely responsible for the information contained therein.