Chongqing Electromechanical announced that on October 12, 2026, the company signed an equity transfer agreement with Silian Group, a wholly-owned subsidiary of the controlling shareholder, agreeing to transfer 51% of the underlying company's shares. Silian Group agreed to the transfer. The sale price was RMB 897.916 million. The sale constituted a connected transaction of the Company under Chapter 14A of the Listing Rules.

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