COSMOS MACH (00118) proposes to sell all the shares of Hefei Green Meixin Materials Co., Ltd.

COSMOS MACH (00118) announced on February 5, 2026 (after trading hours) that the seller, Hefei Datong Gran Plastic Industry Co., Ltd. (an indirect wholly-owned subsidiary of the Company), has entered into a stock transfer agreement with the buyer, Mr. Diao Junde. The seller has agreed to sell for a total of RMB 4.6495 million, while the buyer has agreed to purchase all the equity of the target company, Hefei Granmei New Materials Co., Ltd. Upon completion, the Group will no longer have any interests in the target company, and the target company will no longer be a subsidiary of the Company. As the business operated by the target company is not a core business of the seller, and the target company has been experiencing losses for three consecutive years, the Board of Directors believes that in order to reduce the operational risks brought about by the continued losses of the target company and to focus on the core business of the seller, the sale transaction is a suitable move.