Kair New Materials announced that Xing Hanxue, Wu Jianming, and Xing Hanke, the controlling shareholders and co-actors of the company signed a “Share Transfer Agreement” with Luzhou Jinkai to transfer a total of 51.8266 million shares at a price of 8.03 yuan/share, with a total transfer price of 416 million yuan. After the transfer was completed, the total shareholding ratio of the transferor dropped to 31.26%. Luzhou Jinkai will become the company's shareholder holding more than 5% of the shares, and promises not to reduce its holdings or entrust others to manage the underlying shares within 18 months after the share transfer is completed. This transfer does not involve an offer acquisition, does not constitute a related transaction, and will not lead to changes in the company's controlling shareholders or actual controllers. It is still necessary to obtain confirmation of compliance from the Shenzhen Stock Exchange before the transfer procedure can be completed. There is uncertainty about whether it can be implemented and completed.

Kair New Materials announced that Xing Hanxue, Wu Jianming, and Xing Hanke, the controlling shareholders and co-actors of the company signed a “Share Transfer Agreement” with Luzhou Jinkai to transfer a total of 51.8266 million shares at a price of 8.03 yuan/share, with a total transfer price of 416 million yuan. After the transfer was completed, the total shareholding ratio of the transferor dropped to 31.26%. Luzhou Jinkai will become the company's shareholder holding more than 5% of the shares, and promises not to reduce its holdings or entrust others to manage the underlying shares within 18 months after the share transfer is completed. This transfer does not involve an offer acquisition, does not constitute a related transaction, and will not lead to changes in the company's controlling shareholders or actual controllers. It is still necessary to obtain confirmation of compliance from the Shenzhen Stock Exchange before the transfer procedure can be completed. There is uncertainty about whether it can be implemented and completed.