• USAS Building System sold a 43% stake in MEGA Construction (Jiangsu) for RMB 33.86 million under an equity transfer agreement dated May 26, 2026.
• Completion took place May 29, 2026; its holding fell to 8% from 51%, ending control and deconsolidating MEGA Construction.
• Buyer Suzhou Xiangyang Technology Industrial Development, owned 99.8% by Sun Yang, raised its stake to 92% from 49%.
• Price tracked a Dec. 31, 2025 appraised equity value of RMB 78.74 million for MEGA Construction, implying RMB 33.86 million for 43%.
• USAS expects a gain of about RMB 17,742.31, net of expenses, subject to audit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. USAS Building System (Shanghai) Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260907-12323583), on September 07, 2026, and is solely responsible for the information contained therein.