000301SZSE

Announcement on the Progress of the Controlling Shareholder and Its Concerted Parties' Shareholding Plan and Equity Change Reaching 1% Threshold

Jiangsu Eastern Shenghong Co.,Ltd.··4 pages

✨ AI Summary

This announcement details the progress of Jiangsu Shenghong Technology Co., Ltd. and its concerted parties in increasing their shareholding in Jiangsu Dongfang Shenghong Co., Ltd. They have acquired 63,615,738 shares, representing 0.96% of the total shares, within the planned investment range of RMB 980 million to RMB 1.96 billion. Following this acquisition, their total shareholding has reached 69.03%.

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Full Translation

AI Translation· azure_openai

Jiangsu Dongfang Shenghong Co., Ltd. (hereinafter referred to as "the Company") disclosed the announcement titled "Announcement on the Controlling Shareholder and Its Concerted Parties' Shareholding Plan" (Announcement No. 2026-025) on April 17, 2026. The Company's controlling shareholder, Jiangsu Shenghong Technology Co., Ltd. (hereinafter referred to as "Shenghong Technology"), and its concerted party, Shenghong Suzhou (Group) Co., Ltd. (hereinafter referred to as "Shenghong Suzhou"), based on their firm confidence in the Company's future stable development and recognition of its long-term investment value, plan to increase their holdings of the Company's A-shares through centralized bidding and block trading within six months starting from April 17, 2026. The total amount of this increase is not less than RMB 980 million and not more than RMB 1.96 billion.

On May 29, 2026, the Company received a notice from Shenghong Technology and Shenghong Suzhou regarding the progress of their shareholding increase. From April 17, 2026, to May 28, 2026, Shenghong Technology and Shenghong Suzhou collectively acquired 63,615,738 shares through centralized bidding on the Shenzhen Stock Exchange, accounting for 0.96% of the Company's total share capital (calculated based on the total share capital of 6,611,232,320 shares as of May 28, 2026). After this increase, the controlling shareholder Shenghong Technology and its concerted parties, including Shenghong Petrochemical Group Co., Ltd. (hereinafter referred to as "Shenghong Petrochemical"), Shenghong Suzhou, Lianyungang Bohong Industrial Co., Ltd. (hereinafter referred to as "Bohong Industrial"), Zhu Hongmei, Zhu Hongjuan, and Zhu Minjuan, collectively hold 4,563,793,623 shares, accounting for 69.03% of the total share capital, reaching the 1% threshold.

The specific circumstances are announced as follows: Jiangsu Shenghong Technology Co., Ltd. and Shenghong Suzhou (Group) Co., Ltd. guarantee that the information provided to the Company is true, accurate, and complete, with no false records, misleading statements, or significant omissions. The Company and all members of the board of directors guarantee that the announcement content is consistent with the information provided by the information disclosure obligor.

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