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According to the announcement of Starfish Co., Ltd., the controlling shareholder of the company, Nantong Lianli, reduced its holdings by 2,221 million shares through a bulk transaction on August 14, 2026. Its total shareholding ratio with the concerted actors fell from 63.78% to 62.87%, and the change in equity hit the 1% mark. This holdings reduction is in line with the previously disclosed holdings reduction plan. It does not touch on the proposed takeover. The holdings reduction matters are consistent with the disclosed plans and promises, and have not been implemented. This change in equity will not lead to a change in the controlling shareholder or actual controller of the company, nor does it involve disclosure of the equity change report, and there are no irregularities.
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According to the announcement of Starfish Co., Ltd., the controlling shareholder of the company, Nantong Lianli, reduced its holdings by 2,221 million shares through a bulk transaction on August 14, 2026. Its total shareholding ratio with the concerted actors fell from 63.78% to 62.87%, and the change in equity hit the 1% mark. This holdings reduction is in line with the previously disclosed holdings reduction plan. It does not touch on the proposed takeover. The holdings reduction matters are consistent with the disclosed plans and promises, and have not been implemented. This change in equity will not lead to a change in the controlling shareholder or actual controller of the company, nor does it involve disclosure of the equity change report, and there are no irregularities.
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