Yuan Longping high-tech agriculture acquires remaining Lianchuang Seed stake, introduces investors

Yuan Longping High-Tech Agriculture Co., Ltd. announced on October 13, 2025, that its board approved the acquisition of the remaining 10% equity in Beijing Lianchuang Seed Industry Co., Ltd. from seven natural person shareholders for 71,503.5000 yuan. This transaction will increase Longping High-Tech's ownership in Lianchuang Seed Industry from 90% to 100%, making it a wholly-owned subsidiary. The transaction is within the board's approval authority.

Concurrently, Lianchuang Seed Industry will issue new shares to four strategic investors, including CITIC Financial Asset Management Co., Ltd., Modern Seed Industry Development Fund Co., Ltd., Hunan Xiangxin Zhongken Equity Investment Partnership, and Taiping (Shenzhen) Rural Revitalization Private Equity Investment Fund Partnership. These investors will subscribe for new registered capital totaling 1,188.8753 yuan, with Longping High-Tech waiving its preemptive rights. Post-investment, Longping High-Tech's stake in Lianchuang Seed Industry will be diluted to 89.9376%, making it Lianchuang Seed Industry's controlling shareholder.