Shanghai Shangwei New Materials (688585.SH): Deng Taihua will become the actual controller of the company.

Intelligent Financial News APP, Shangwei New Materials (688585.SH) announced that the company's controlling shareholder SWANCOR IND.CO., LTD. (Samoa) (referred to as "SWANCOR Samoa"), Shanghai Zhiyuan Hengyue Technology Partnership Enterprise (Limited Partnership) (referred to as "Zhiyuan Hengyue"), Strategic Capital Holding Limited (Samoa) (referred to as "STRATEGIC Samoa"), and the indirectly controlling shareholder of the listed company Shangwei International Investment Holdings Co., Ltd. (referred to as "Shangwei Investment Control") jointly signed the "Share Transfer Agreement of Shangwei New Materials Technology Co., Ltd.", Zhiyuan Hengyue intends to acquire the listed company held by SWANCOR Samoa, a wholly-owned subsidiary of Shangwei Investment Control, through the agreement 1.01 billion shares of freely tradable shares and all corresponding shareholder rights and interests, accounting for 24.99% of the total shares of the listed company. On the same day, SWANCOR Samoa and Shanghai Zhiyuan Xinchuang Technology Equipment Partnership Enterprise (Limited Partnership) (referred to as "Zhiyuan Xinchuang Partnership") signed the "Share Transfer Agreement II", Zhiyuan Xinchuang Partnership intends to acquire through the agreement 2.4 million shares held by SWANCOR Samoa of the listed company. Shares of freely tradable shares and all corresponding shareholder rights and interests, accounting for 0.60% of the total shares of the listed company. On the same day, Kinwind Investment Holdings Limited (referred to as "Kinwind Investment Control") and Zhiyuan Xinchuang Partnership signed the "Share Transfer Agreement III", Zhiyuan Xinchuang Partnership intends to acquire the listed company held by Kinwind Investment Control through the agreement of 17.7673 million shares of freely tradable shares and all corresponding shareholder rights and interests, accounting for 4.40% of the total shares of the listed company.