On December 5, Gelonghui reported that Lu Control (06623.HK) announced that on December 5, 2024, the board of directors received a notice from Anke Technology, stating that Lanbang, Anke Technology, and Tun Kung have entered into a tripartite agreement. According to this agreement, the offshore subscription options of Tun Kung will be amended, allowing Anke Technology to purchase 173,744,733 shares held by Tun Kung (equivalent to approximately 10.02% of the total shares), instead of purchasing all Tun Kung shares held by Lanbang. As consideration for the transfer of the above shares, Tun Kung must repurchase all Tun Kung shares held by Lanbang. Following the completion of the above options exercise and share transfer on December 5, 2024, (i) Anke Technology together with Ping An Overseas will hold approximately 66.85% of the shares, and (ii) Tun Kung will hold approximately 7.76% of the shares.

According to the information available to the company and as known to the board of directors, the company has maintained a sufficient public holding amount in accordance with the Stock Exchange's listing rules immediately following the share transfer and as of the date of this announcement.