Guangdong Yuhai Feed Group Co., Ltd. (hereinafter referred to as "the Company") announces that its controlling shareholder, Zhanjiang Shrimp Feed Co., Ltd., actual controller Mr. Zheng Shixuan, and their concerted actor, Zhanjiang Chengze Investment Center (Limited Partnership), guarantee that the information provided to the Company is true, accurate, complete, and free of false records, misleading statements, or significant omissions. The Company and all members of the Board of Directors ensure that the announcement content is consistent with the information disclosed by the information disclosure obligors.
On December 23, 2025, the Company disclosed the "Pre-Disclosure Announcement on the Reduction of Shares by the Company's Controlling Shareholder, Actual Controller, and Their Concerted Actors" (Announcement No. 2025-114). The controlling shareholder, Zhanjiang Shrimp Feed Co., Ltd. (hereinafter referred to as "Shrimp Company"), holds 264,612,000 shares of the Company (accounting for 37.80% of the total share capital). The actual controller (Chairman and General Manager) Mr. Zheng Shixuan holds 1,063,999 shares (accounting for 0.15% of the total share capital), and the concerted actor, Zhanjiang Chengze Investment Center (Limited Partnership) (hereinafter referred to as "Chengze Investment"), holds 52,392,000 shares (accounting for 7.48% of the total share capital). These shareholders plan to reduce their holdings by a total of no more than 20,906,294 shares within three months starting from 15 trading days after the announcement of this reduction plan (from January 15, 2026, to April 14, 2026), which does not exceed 3.00% of the capital after excluding shares in the Company's repurchase special account. Among this, the total number of shares to be reduced through block trades will not exceed 13,937,594 shares (i.e., not exceeding 2% of the capital after excluding shares in the Company's repurchase special account), and the total number of shares to be reduced through centralized bidding will not exceed 6,968,700 shares (i.e., not exceeding 1% of the capital after excluding shares in the Company's repurchase special account).
As of the date of this announcement, the Company's total share capital is 700,000,000 shares, and the number of shares in the repurchase special securities account is 3,120,268 shares, resulting in a total share capital of 696,879,732 shares after excluding shares in the repurchase special securities account. Recently, the Company received a notice from Chengze Investment regarding the implementation of the share reduction plan, stating that on January 15, 2026, Chengze Investment reduced its holdings by 3,000,000 shares through block trades (directed transactions), accounting for 0.43% of the total share capital after excluding shares in the Company's repurchase special account. The transaction counterparties for this reduction are all long-term supporters of the Company's development and industry experts who have made outstanding contributions to the Company's growth, including Academician Mai Kangseng, the director of the Company's expert committee, who voluntarily increased his holdings based on forward-looking judgments regarding the Company's future development prospects.