Hangjiahua shares: The agreement on concerted actions has expired, and the controlling shareholder and actual controller have changed to Hangshi Group.

date
13/12/2025
Hanghua Corporation announced that the "Joint Action Agreement" signed between shareholders Hangshi Group and Xiefeng Investment will expire on December 11, 2025 and will not be renewed. After the termination of the agreement, the company's controlling shareholder and actual controller will be changed from Hangshi Group and Xiefeng Investment to Hangshi Group. Hangshi Group directly holds 156,000,000 shares of the company, accounting for 36.78%; Xiefeng Investment directly holds 5,712,923 shares, accounting for 1.35%, and the relevant shares will no longer be calculated together. Both parties have promised to fulfill their disclosure obligations in accordance with regulations if they reduce their holdings. This change will not have any adverse impact on the company, and Hangshi Group as the controlling shareholder and actual controller complies with relevant regulations.