Shenzhen FRD Science & Technology (300602.SZ) actual controller terminates agreement to transfer partial shares of the company.

Shenzhen FRD Science & Technology (300602.SZ) announced that the company recently received a notification from its controlling shareholder and actual controller, Mr. Ma Fei, that he has reached an agreement with Yunnan International Trust Co., Ltd. (hereinafter referred to as "Yunnan International Trust") on the termination of the agreement to transfer part of the company's shares. Both parties signed the "Termination Agreement of the Share Transfer Agreement" on May 7, 2025. Since the above-mentioned shares have not been transferred and registered, the rights and interests of both parties have not changed. The termination of this agreement will not lead to a change in the company's control, nor will it have any impact on the company's governance structure, daily operations, operating performance, or financial condition. It also does not pose a risk of harming the interests of the company and all shareholders.