Shandong Tongda Island New Materials Co Ltd

Tongda Shares announced on September 30 that it is terminating the share transfer and control change involving its controlling shareholder and largest shareholder. The company said it has received written notices from controlling shareholder Weifang Financial Holdings and largest shareholder Tongda Group. Because conditions related to the share transfer have changed, and the parties were unable to reach agreement after multiple rounds of negotiation, there is no longer any possibility of proceeding with the proposed share transfer agreement and the corresponding change of control. After careful study and full communication and consultation, the parties have jointly decided to terminate the share transfer and control change.

Tongda Shares released its 2026 interim report, with net profit attributable to the parent company of 4.3924 million yuan, a decrease of 47.62% compared with the same period last year. The company's total operating revenue was 168 million yuan, down 13.98% year-on-year; net cash inflow from operating activities was 14.083 million yuan, an increase of 36.6616 million yuan compared with the same period last year. The latest asset-liability ratio was 8.11%, and the gross profit margin was 16.58%, achieving three consecutive years of growth; diluted earnings per share was 0.05 yuan, down 47.56% year-on-year. The number of shareholders was 7,961, and the top ten shareholders held 48.552 million shares, accounting for 54.68% of the total share capital.