Rutong Co., Ltd.: Part of the largest shareholder's shares are subject to successive freezing.
Rutong Co., Ltd. announced that its largest shareholder, Jiangxi Hanyi Technology Co., Ltd., holds 23.7313 million shares of the company, accounting for 11.52% of the company's total share capital. In this instance, 1.9541 million shares held by Hanyi Technology were placed under successive freezing, representing 8.23% of its total holdings and 0.95% of the company's total share capital. The successive freezing commenced on October 8, 2026, with the applicant being the People's Court of Binjiang District, Hangzhou, due to a guarantee related to a private lending dispute. As of the disclosure date of the announcement, the shares held by Hanyi Technology in the company that have been cumulatively frozen and marked by judicial authorities total 23.7313 million shares, accounting for 100% of its holdings; cumulatively placed under successive freezing are 28.889 million shares, accounting for 121.73% of its holdings. If the relevant shares are disposed of through judicial proceedings, it may result in a change in the company's largest shareholder and the composition of its board of directors.
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