Mingxin Xuteng announced that on October 18, 2026, Zhejiang Mingxin Asset Management Co., Ltd., a shareholder holding 5% or more of the shares, signed an agreement with Zhang Yafei to transfer 9.3 million shares at a price of 17.5 yuan/share, with a transfer consideration of 163 million yuan. The transaction still needs to obtain compliance confirmation from the Shanghai Stock Exchange and apply for share transfer registration; after completion, Mingxin Asset's shareholding ratio will be reduced from 14.50% to 8.77%, and Zhang Yafei will hold 5.73%.

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