ST Fuhua announced that due to bankruptcy and liquidation of Shanghai Shangke Technology Investment Co., Ltd., which holds more than 5% of the company's shares, its 7.8 million shares were successfully bid through judicial public auctions, and the transfer registration was completed on October 9, 2026. Before the equity change, Shanghai Shangke's shareholding ratio was 10.1872%; after the change, the shareholding ratio was 9.039%. There is a possibility that Shanghai Shangke will continue to reduce its holdings in the next 12 months. This change in equity will not result in changes in the controlling shareholders or 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.