Da Ming International (01090): Jiangsu Da Ming has signed an investment agreement with Chongqing Iron and Steel, independent investors, and Chongqing Da Ming.

Wisdom Finance APP News, Daming International (01090) announced that on June 26, 2026, its indirect wholly-owned subsidiary, Jiangsu Daming, entered into an investment agreement with Chongqing Iron and Steel, independent investors, and Chongqing Daming. Chongqing Iron and Steel and independent investors, Chongqing Changshou Port International Logistics, have conditionally agreed to pay Chongqing Daming RMB 24.7339 million and RMB 9.8936 million respectively to subscribe for Chongqing Daming's registered capital of RMB 25 million and RMB 10 million respectively. After the completion of these transactions, the Company's indirect beneficial interest in Chongqing Daming through Jiangsu Daming will be diluted from 100% to 65%, while Chongqing Daming will be owned by Chongqing Iron and Steel at 25% and by independent investors at 10%.