Hanyu Group: Tianyi Electric plans to transfer 3.56% equity of Tongchuan Technology

Hanyu Group announced that the board of directors reviewed and approved the relevant proposal on October 28, 2026. Its wholly-owned subsidiary Tiandi Electric plans to transfer a 3.56% equity interest in Tongchuan Technology to Shenzhen Capital Group, Social Security Science and Innovation, and Hongtu Zhanlu for RMB 42.7778 million; Tongchuan Technology also plans to increase its capital by RMB 65.8333 million, and shareholder Shen Xiaolong plans to transfer a 1.79% equity interest. After the transactions are completed, Hanyu Group's total shareholding in Tongchuan Technology will decrease from 34.71% to 29.83%, and Tongchuan Technology will remain an associate company.