Li Ba Holdings: Shareholders holding more than 5% of the shares have determined Shanghai Junhe as the transferee, intending to transfer 14% of the shares.
Announcement of Tibar Corporation: Yancheng Dongfang Investment Development Group Co., Ltd., a shareholder holding more than 5% of the company's shares, has determined Shanghai Junhe Zhicheng Private Equity Fund Partnership Enterprise as the transferee for the public transfer solicitation through open solicitation, expert review, and internal decision-making. Yancheng Dongfang Group signed a conditional effective "Share Transfer Agreement" with Shanghai Junhe on July 1, 2026, intending to transfer 37.2859 million shares of unrestricted circulating shares of Tibar Corporation held by the agreement at a price of 13.1 yuan/share, with a total transfer price of 488 million yuan. This share transfer agreement still requires approval from the state-owned assets supervisory department of Yancheng Dongfang Group to take effect, and subsequent compliance confirmation by the Shanghai Stock Exchange and the handling of transfer registration procedures, thus carrying uncertainty.
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