Gold digger: Transfer of 5% shares under the controlling shareholder agreement has been completed.
Miner Announcement: Controlling shareholder Ms. Chen Kun has completed the transfer of the company's shares to Beijing Kaisheng Enterprise Management and Development Center. On December 29, 2025, Chen Kun signed an agreement with Beijing Kaisheng to transfer 5% of the total share capital, or 5.07 million shares, at a price of 31.67 yuan per share. The transfer was completed on March 23, 2026. After the transfer, Chen Kun and its concerted action persons' shareholding decreased to 48.34%, while Beijing Kaisheng's holding increased to over 5%. This transfer does not trigger a mandatory takeover bid and does not affect the company's controlling rights. The transferee is not allowed to reduce their holdings voluntarily within 12 months.
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