Sanfeng Environment: Shareholder stake surpasses 54% after increase

Chongqing Sanfeng Environment Group Corp (SSE:601827) announced that its controlling shareholder, Chongqing Derun Environment, along with its concerted actors, has increased its holdings, crossing the 1% threshold. As of June 24, 2025, Derun Environment had cumulatively increased its holdings by 11,395,678 A shares through centralized bidding, representing 0.68% of the company's total share capital. The total amount of the increase was CNY 96,236,931.00. Following the transaction, Derun Environment, along with its concerted actors, now holds a total of 903,295,441 shares, increasing their total ownership from 53.35% to 54.02%. The company noted the possibility of risks associated with the implementation of the shareholding increase plan.