Giant Network Group Co., Ltd.
Announcement on the Proportion of Changes in Shareholding of Controlling Shareholder and Its Concerted Parties Reaching a Multiple of 1%
Shanghai Giant Investment Management Co., Ltd. and its concerted party Shanghai Tengpeng Investment Partnership (Limited Partnership) guarantee that the information provided to this company is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
The Company and the entire Board of Directors guarantee that the content of this announcement is consistent with the information provided by the information disclosure obligors.
Giant Network Group Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Pre-disclosure Announcement on Share Reduction by Concerted Parties of Controlling Shareholder" (Announcement No.: 2026-Lin 030) on May 16, 2026. Shanghai Tengpeng Investment Partnership (Limited Partnership) (hereinafter referred to as "Tengpeng Investment") is the second largest shareholder of the Company. It is a concerted party with the Company's controlling shareholder, Shanghai Giant Investment Management Co., Ltd. (hereinafter referred to as "Giant Investment"). Tengpeng Investment holds 195,574,676 shares of the Company, accounting for 10.29% of the total share capital, and 10.33% of the total share capital after excluding the Company's repurchase special account of 6,996,171 shares. Tengpeng Investment plans to reduce its holdings by no more than 56,806,974 shares within three months from the date of disclosure of this announcement through block trades and centralized bidding, accounting for 29.05% of its holdings, 2.99% of the total share capital, and 3% of the total share capital after excluding the Company's repurchase special account of 6,996,171 shares.