Antong Holdings shareholder stake reduced via judicial transfer

Antong Holdings (SSE:600179) announced that shares held by shareholder Guo Dong Sheng have been reduced via a judicial transfer of 12 million shares. This transfer represents 7.31% of Guo Dong Sheng's holdings and 0.28% of Antong Holding's total share capital. Following the transfer, Guo Dong Sheng's stake in Antong Holdings decreased from 164,186,851 shares (3.88%) to 152,186,851 shares (3.60%). Consequently, the combined holdings of Guo Dong Sheng and related party Guo Dong Ze have fallen from 265,412,784 shares (6.27%) to 253,412,784 shares (5.99%). The transferred shares were judicially transferred to Shenzhen Zhaolian Gongying Investment Center (Limited Partnership). The company stated that the transfer would not result in a change of controlling shareholder.