Tian Ping Daohe (08403): Executive Director Li Huaguo will become a major shareholder of the company.

Intelligence Financial APP News, Tianping Daohe (08403) announced that on May 14, 2025, (1) the company's current controlling shareholder A&B Development Holding Limited (A&B) (as the seller) and executive director Mr. Li Huaguo (as the buyer) entered into a conditional agreement regarding the sale of 15 million shares of the company (First transfer), equivalent to approximately 11.03% of the company's issued share capital on the date of this announcement; and (2) the company's major shareholder Yongjiayuan Limited (as the seller) and Mr. Li Huaguo (as the buyer) entered into a conditional agreement regarding the sale of 4 million shares of the company (Second transfer), equivalent to approximately 2.94% of the company's issued share capital on the date of this announcement.