Excalibur Co., Ltd. announced that Wuhu Yuanda Venture Capital, the controlling shareholder of the company, plans to transfer 90 million shares of the company owned by co-actor Liu Zhi through an agreement transfer, accounting for 9.46% of the company's total share capital. The transfer price is 805 yuan per share, and the total price is 725 million yuan. At the same time, the two sides signed a supplementary voting rights entrustment agreement. Liu Zhijian entrusts Wuhu Yuanda Venture Capital to exercise all voting rights for the remaining 3.416 million shares. The entrustment period will be 36 months from July 16, 2025. After the transaction was completed, Wuhu Yuanda Venture Capital's shareholding ratio rose to 17.79%, the voting ratio was 20.99%, and the company's control remained unchanged. The transaction still needs to meet entry into force conditions such as internal approval and approval from state-funded enterprises.

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