Yawei Group: Issuance of 92.0986 million shares to Yangzhou Chanfa Group, resulting in a change of controlling shareholder to Yangzhou Chanfa Group

Yawei Group Announcement: The company issued A shares to specific parties, with Yangzhou Industrial Investment and Development Group Co., Ltd. subscribing to 92.0996 million shares of the company in cash, accounting for 14.35% of the company's total shares after the completion of the issuance. After this equity change, Yangzhou Industrial Investment and Development Group will become the controlling shareholder of the company, and the State-owned Assets Supervision and Administration Commission of the Yangzhou Municipal People's Government will become the actual controller of the company. Prior to this, the company had no controlling shareholders or actual controllers. The relevant matters of this issuance have completed the preliminary approval process, and China Securities Depository and Clearing Corporation Limited Shenzhen Branch has completed the securities change registration related to this issuance.