Shang Gong Shen Bei: Pudong New Area State-Owned Assets Supervision and Administration Commission intends to transfer 6.37% of shares to Pudong Capital.

Shanggong Shenbei announced that the state-owned assets supervision and administration commission of Pudong New Area plans to transfer 45,395,358 shares of A-share stocks held by the company to Pudong Capital through a non-public agreement transfer as a non-monetary contribution. On May 15, 2026, the board of directors of Pudong Capital has made a resolution; on June 17, the two parties signed the "Share Transfer Agreement". This equity change still requires approval from the state-owned assets supervision and administration commission of Pudong New Area, compliance confirmation from the Shanghai Stock Exchange, and transfer processing by the Shanghai Branch of China Securities Depository and Clearing Corporation Limited. After the change, the company still has no controlling shareholder or actual controller.