Gelonghui, April 3, 丨 Sitong Co., Ltd. (603838.SH) announced that it received a notice from the controlling shareholder Weide Industrial and Mr. Huang Jianping, the actual controller of the company, signed a “share transfer agreement” on April 3, 2024. Weide Industrial plans to transfer all 64,847,032 shares of the company's unlimited tradable shares (accounting for 20.26% of the company's total share capital) to Mr. Huang Jianping. This change in equity is a transfer of shares under the same control. It does not involve increasing or reducing the company's shares to the market, and does not touch on an offer to buy.

This change in equity is a transfer of shares under the same control. After this change in equity, Mr. Huang Jianping will directly hold 88,534,032 shares of the company, accounting for 27.66% of the company's total share capital; Mr. Huang Jianping and his co-actors will hold a total of 115,202,032 shares of the company, accounting for 36% of the company's total share capital; Weide Industrial will no longer hold shares in the company. The actual controller of the company will not change due to this share transfer, but the controlling shareholder of the company will be changed from Weide Industrial to Mr. Huang Jianping.