Dinglong Group: Plans to divest the general printing consumables terminal business, rating remains stable.

Dinglong shares announced that on April 1, the board of directors of the company agreed to sell the controlling rights of two consolidated subsidiaries, divesting the terminal business of universal printing consumables such as ink cartridges and toner cartridges. The company has signed a "Equity Transfer Agreement". The proportions of shares sold by Jixun Technology and Mingtu Chaojun are 15% and 60%, respectively, with consideration of 73 million yuan and 120 million yuan, respectively. In January 2026, the company acquired 70% of Haofei Materials for 630 million yuan, entering the lithium battery materials industry. Zhongzheng Pengyuan believes that the divestment of the business is in line with the company's transformation plan, and is expected not to have a significant adverse impact. It has decided to maintain the company's main body and Dinglong convertible bond credit ratings as AA, with a stable outlook.