Kangda New Materials announced that the Tangshan State-owned Assets Administration Commission transferred 98.47802% of its shares in Tang Kong Development Group to Hebei Guoxin Industrial Finance Holding Group Co., Ltd. through a free transfer. The reference date for the transfer is December 31, 2025. After this change in equity, the controlling shareholder of the company is still Tangshan Industrial Control, and the number of shares remains unchanged. Hebei Finance Group will indirectly control Tangshan Industrial Control, and the actual controller of the company is still the Tangshan State Assets Administration Commission. Other than the disclosed matter of Tangshan Industrial Control's intention to subscribe for a fixed increase in the company's shares, the information disclosure obligors have no plans to continue to increase their holdings of the company within the next 12 months.

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