Huashengchang: Controlling shareholder transfers 5% of shares. The transferee will make payment in installments and agree to restrictions on resale.

Huashengchang announced that the company's controlling shareholder and actual controller Yuan Jianmin signed a conditional share transfer agreement with Yu Xinwen on February 27, transferring 9.4701 million shares of the company to Yu Xinwen. The company has completed the acquisition of 100% equity of Jialante and the industrial and commercial changes. On June 5, the two parties signed a supplementary agreement, and Yu Xinwen paid 165 million yuan before June 8, with the remaining 59.5351 million yuan to be paid within 30 days after the transfer of shares, and promised not to reduce the holdings within 12 months of the transfer. This transfer still requires confirmation of compliance by the Shenzhen Stock Exchange and the transfer registration process to be completed.