Tiansheng New Materials announced that the company terminated the issuance of A-shares to specific targets in 2026, and accordingly terminated the changes in controlling shareholders and actual controllers involved in planning this offering. The company still has no controlling shareholders or actual controllers. Previously, the company planned to issue 50 million shares to Rongsheng Zhirui, while shareholders Lu Zewei and Sun Jian planned to transfer a total of 20.489,500 shares to Rongsheng Xintai. After the transaction is completed, Wei Lidong will become the actual controller of the company. This termination is a comprehensive consideration of factors such as the current environment, the company's actual situation, and development plans. The relevant agreement transfer matters still need to pass the Shenzhen Stock Exchange compliance review and go through the transfer procedure.

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