ST Yabo: The controlling shareholder plans to transfer 21.13% of the shares for free and the actual controller may change.

date
24/06/2026
ST Yabo announced that Quanxing Technology plans to transfer all of its 448,114,580 shares to Zhaozhuang Caijin, with 362,972,810 shares transferred to Zhaozhuang Caijin and 85,141,770 shares transferred to Shandong Caihui. After completion, Quanxing Technology will no longer hold any shares, and the controlling shareholder will change to Zhaozhuang Caijin, with the actual controller becoming the Zhaozhuang Municipal Finance Bureau. As of the disclosure date of the announcement, the relevant procedures are being processed, and the transfer of ownership has not been completed.