Freda announced that the controlling shareholder Shandong Commercial Group Co., Ltd. previously planned to transfer 508.28,500 shares of the company's shares to Shandong State-owned Assets Investment Holdings Co., Ltd. in a consideration agreement of 538 yuan/share and RMB 274 million. The relevant shares were registered on August 31, 2026. Shandong State-owned Assets Investment Holding Co., Ltd. holds 508.28,500 shares, accounting for 5% of the total share capital; this change in equity will not cause changes in the controlling shareholders and actual controllers of the company.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.