Zhitong Finance App News, Energy International Investment (00353) issued an announcement. The directors and board of directors of the Company were informed by Mr. Sun Li (Mr. Sun) that the shareholding change (see definition below) of the Company's controlling shareholder Cosmic Shine International Limited (Cosmic Shine) was completed on October 13, 2026.
As of the date of this announcement, the Company had 2,116 million issued common shares (shares), of which: (i) 31.517,800 shares (equivalent to approximately 1.49% of the Company's issued share capital) are held by Shundong Capital Pte Ltd. (Shundong Capital), which is 80% and 20% of the company's spouse Ma Yujuan; (ii) Mr. Sun is the executive director and co-chairman of the board of directors; (ii) 1.41 billion shares (equivalent to the Company's issued share capital) Approximately 66.67% of the share capital) is held by Cosmic Shine; (iv) Mr. Cao Sheng (Mr. Cao) is an executive director and co-chairman of the board of directors; and (v) Mr. Liu Yong (Mr. Liu) is the company's executive director and chief executive officer. Immediately prior to the completion of the equity change (see definition below), Mr. Cao, Mr. Liu and Mr. Hu Xiaoliang (Mr. Hu) held 50%, 20% and 30% of Cosmic Shine, respectively.
On October 13, 2026, Mr. Hu (as seller) and Mr. Sun (as buyer) entered into a sales agreement. According to this, Mr. Hu agreed to sell and Mr. Sun agreed to acquire 30% of Cosmic Shine's shares (change in equity). The shareholding change was completed on October 13, 2026.
Following the completion of the equity change, (i) Cosmic Shine continued to hold 1.41 billion shares, equivalent to approximately 66.67% of the Company's issued share capital, and remains the controlling shareholder of the Company; (ii) Mr. Cao, Mr. Liu, and Mr. Sun respectively held 50%, 20% and 30% of Cosmic Shine; and (iii) Mr. Hu no longer holds any interest in Cosmic Shine or the Company. The change in equity occurred at the Cosmic Shine level, so there were no direct shareholding changes or changes in the composition of the board of directors at the company level as a result. The directors believe that the change in equity has no impact on the financial position and operation of the Company.