Dongbai Group: The shareholding ratio of the controlling shareholder and its concerted actors has decreased to 55.00%.
Dongbai Group Announcement: The company's controlling shareholder Fujian Fengqi Investment Co., Ltd. and its concerted actor Xia Shi sold 23 million shares and 20.49 million shares of the company's stock through block trades and centralized bidding from March 17th to March 18th, 2026. After this equity change, Fengqi Investment and its concerted actor collectively hold a reduced percentage of the company's shares from 60.00% to 55.00%.
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