Qianjiang Biochemical share unfreezing, auction completed

Zhejiang Qianjiang Biochemical Co. (SSE: 600796) announced that 2,500,000 company shares held by shareholder Yunnan Water Investment Co. were unfrozen on February 10, 2025, and 2,000,000 shares have been transferred following a judicial auction. After the transfer, Yunnan Water holds 165,350,891 shares, representing 19.08% of Zhejiang Qianjiang Biochemical’s total share capital. The remaining 58,755,428 shares held by Yunnan Water remain frozen, accounting for 35.53% of its holdings and 6.78% of the total share capital. The company emphasizes that the changes will not impact its actual control or operations.