Hengguang Corporation: The actual controller of the company has changed to a single person, Cao Lixiang.
Hengguang Corporation Announcement: The "Joint Action Agreement" signed by the actual controllers Cao Lixiang, Li Zhengjiao, Liang Yuxiang, Hu Jianxin, Chen Jianguo, He Zhiwang, Chen Zhaoshun, and Li Yongquan expired and terminated on March 31, 2026. The joint action relationship has been dissolved. After the dissolution, the sole actual controller of the company is Cao Lixiang, and the controlling shareholder, Hunan Hongjiang Hengguang Investment Management Co., Ltd., has not changed. After the dissolution of the joint action relationship, the number and proportion of shares directly and indirectly held by the eight shareholders remain unchanged, and the relevant shares are no longer calculated on a consolidated basis.
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