Longda Group: Transfer of 12.34 million shares held by shareholders owning more than 5% of the shares has been completed.

date
15/01/2026
Longda Corporation announced that on December 10, 2025, shareholders holding more than 5% of the shares, Guolian Chan Investment and Honghua Hongqi, signed a "Share Transfer Agreement". Guolian Chan Investment transferred 12.3429 million shares to Honghua Hongqi at 19.854 yuan/share, accounting for 5% of the total share capital. The transfer was completed on January 14th, and the transferred shares are unlimited circulating shares. After the transfer, Guolian Chan Investment's shareholding decreased to 2.73%, while Honghua Hongqi's shareholding increased to more than 5%. This transfer does not involve a tender offer, the controlling shareholder remains unchanged, and Honghua Hongqi has committed not to reduce its shareholding for the next 12 months.