Sanxing Co., Ltd.: Two major shareholders promise not to seek control rights, consolidating the position of Jiheng Group.

Sanxing Group announced that on December 16, 2025, the controlling shareholder, Jiheng Group, received a "Commitment Letter" from shareholders Pan Xianwen and Shenzhen High-Tech Investment. Pan Xianwen holds 72.35 million shares, accounting for 10.58% of the total share capital; Shenzhen High-Tech Investment holds 56.686 million shares, accounting for 8.29%. Both parties have committed not to seek control of the company in any way during the holding period, not to sign any agreements with entities outside of Jiheng Group, and not to engage in activities that would affect Jiheng Group's control position.