Wuxi Delinhai Environmental Technology Co., Ltd. (688069.SH) announced that in April 2026, the company's controlling shareholder, actual controller, and Chairman Mr. Hu Mingming, shareholder Mr. Gu Wei holding more than 5% of shares, and shareholder Mr. Chen Hong signed a share transfer agreement and a supplementary agreement with investor Mr. Zhu Mingming. Through a negotiated transfer, the sellers collectively intend to transfer 16.92 million unrestricted tradable shares they hold in the listed company to the buyer, representing 14.97% of the company's total share capital. The transfer price is set at 25 yuan per share, with a total transaction value of 423 million yuan. This negotiated transfer will not result in a change of the company's controlling shareholder or actual controller, does not trigger a mandatory offer or constitute a connected transaction, and is not expected to significantly impact the company's governance structure or ongoing operations. The buyer, Mr. Zhu Mingming, has committed that he has no plans or arrangements to inject assets into the listed company; the capitalization path of him and the enterprises he controls is unrelated to the listed company; and from the effective date of the agreement, he will not engage in any business related to AI glasses (i.e., artificial intelligence glasses) with the listed company or its controlled subsidiaries in any form.