Tianhe Solar announced that on August 14, 2026, Gao Jifan, the controlling shareholder and actual controller of the company, and Jiangsu Panji Investment Co., Ltd. transferred a total of 36.3 million shares of the company's shares through an inquiry, accounting for 1.5496% of the total share capital. The transfer price was 12.59 yuan/share. After this change in equity, the shareholding ratio of Gao Jifan and his co-actors fell from 32.5921% to 31.0425%, touching an integer multiple of 1%, which will not lead to a change in the company's controlling shareholders and actual controllers. The transferee includes 9 organizations including Morgan Stanley International Co., Ltd., and the sales period is limited to 6 months.

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