Seagull Housing & Construction announced that the company previously disclosed changes in the control of the Sino-Yu Investment Planning Company. On August 21, 2026, Zhongyu Investment signed “Share Transfer Agreements” with Botai Auto Federation and Fuqing Yaohong, respectively, to transfer 129 million shares and 32.3674 million shares of Seagull Housing & Construction. After the share sale is completed, the controlling shareholder of the company will be changed to Botai Auto Federation, and the actual controller will be changed to Mr. Ying Zhenkai. Trading of the company's shares has resumed since the opening of the market on August 24, 2026.

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