According to Huaqi Environmental Protection's announcement, Wang Fengxian, a shareholder holding more than 5% of the company's shares, and Wang Jianye, his co-actor, increased their total holdings of the company's shares by 1,3621.49 million shares through centralized bidding from October 13 to October 16, 2026, accounting for 1.03% of the company's total share capital. After this change in equity, the total shareholding ratio of Wang Genjiu, Wang Fengxian, and their co-actors Wang Jianye and Wang Yue increased from 23.24% to 24.27%, and the change in shareholding ratio hit an integer multiple of 1%. The total shareholding ratio of this concerted actor is close to the 25.02% voting power ratio of the controlling shareholder and its co-actors, and there is a risk that the company's control will be unstable.

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