Saiwei Times announced that on July 14, 2026, Zhongteng Investment, a shareholder holding 5% or more of the shares, plans to sell 36,583,645 unrestricted tradable shares to transfer to actual controller Chen Wenping at 16.75 yuan/share. On July 20, the two sides signed a supplementary agreement with a total transfer price of 613 million yuan. Chen Wenping will pay 10% within 10 working days from the date the agreement is signed and announced, and the balance will be paid within 30 working days after completing the transfer registration. Chen Wenping promised not to reduce his holdings within 12 months after the account transfer. The transfer is still subject to exchange review and transfer procedures.

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