DELI's controlling shareholder plans to change to Xinjiang Bingxin Jian Partnership, resuming trading on October 16

According to the Zhitong Finance APP, DELI (002571.SZ) announced that on October 15, 2025, the company signed a conditional stock subscription agreement with Xinjiang Bingxinjian High-tech Industry Investment Operation Partnership (Limited Partnership) (referred to as "Xinjiang Bingxinjian Partnership"). The company plans to issue shares to specific targets, intending to subscribe for the shares issued by the company to achieve control over the company. After the completion of this share issuance, Xinjiang Bingxinjian Partnership is expected to hold a maximum of 118 million shares of the company, not exceeding 30% of the total share capital of the company before this issuance. On the same day, Shi Weidong and Xinjiang Bingxinjian Partnership signed a "Cooperation Agreement" and an "Agreement on Waiver of Voting Rights and Related Matters for Control Stability." Subject to the successful issuance, Shi Weidong intends to waive all voting rights corresponding to the shares he holds in the listed company. The waiver period for voting rights is 36 months from the date of completion of the registration of the shares subscribed by Xinjiang Bingxinjian Partnership. If, upon expiration of this period, Shi Weidong's shareholding in the listed company is less than 15% (inclusive) of the shareholding ratio of Xinjiang Bingxinjian Partnership, the waiver period will be extended until the date when the shareholding ratio of Xinjiang Bingxinjian Partnership exceeds Shi Weidong's shareholding ratio by more than 15% (exclusive). During the waiver period, Shi Weidong agrees to unconditionally and irrevocably waive all non-property rights corresponding to the shares, including proposal rights, voting rights, and convening rights, and shall not authorize any third party to exercise the aforementioned rights. To consolidate the control position of Xinjiang Bingxinjian Partnership, within 18 months from the completion of stock registration, Shi Weidong intends to adjust his shareholding structure through centralized bidding transactions, block trades, or agreement transfers, so that the combined shareholding ratio of Shi Weidong and his concerted actors (if any) is lower than that of Xinjiang Bingxinjian Partnership, ensuring that Xinjiang Bingxinjian Partnership becomes the largest shareholder. Thereafter, Shi Weidong will continue to adjust the shareholding structure according to market conditions and relevant laws and regulations, assisting Xinjiang Bingxinjian Partnership in consolidating its control position over the listed company. After the completion of the above transaction, the controlling shareholder of the listed company will change to Xinjiang Bingxinjian Partnership, and the actual controller will change to the Silk Road Financial Development Promotion Center of the Fourth Division of Keke Dala City. The company's stock will resume trading from October 16, 2025 (Thursday)