China Foreign Trans. boosts stake in Antong Holdings to 16.93%

Antong Holdings announced that China Foreign Trans. and its persons acting in concert have increased their aggregate shareholding to 16.93% of the company's total share capital. This change, reported on August 26, 2025, follows an increase from 15.27%, marking a 1.65% rise in their stake.

The increase resulted from China Foreign Trans. acquiring 70,000,000 shares through block trading on August 26, 2025. This transaction saw China Foreign Trans.'s direct shareholding in Antong Holdings increase from 0.27% (11,545,900 shares) to 1.93% (81,545,900 shares) of the total shares.

This equity change aligns with the previously disclosed increase plan of the information disclosure obligors and does not trigger a mandatory tender offer. Antong Holdings clarified that this change will not affect the company's actual control or its corporate governance structure and continuous operations. The company's actual controller remains Fujian Zhaohang Logistics Management Partnership (Limited Partnership), and the company still has no actual controller.