Sanbaishuo announced that Xu Sheng, an upper shareholder of Haishuo Development, the controlling shareholder of the company, transferred 8.27% of his shares in Haishuo Development to Sanshuo Development based on his own industrial development plan. The transaction has completed the registration of industrial and commercial changes. After the change, Xu Sheng held 24.82% of Haishuo Development's shares and Sanshuo Development held 8.27% of the shares. The controlling shareholder of the company was still Haishuo Development, and the actual controller was Zhu Xilong.

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