CNFTT increases stake in Antong Holdings to 17%

Antong Holdings announced that China National Foreign Trade Transportation (CNFTT) and its concerted parties increased their stake in the company to 17.00% from 16.93%. This 0.07% increase, through centralized bidding on August 28, 2025, involved an additional 3,200,000 shares, triggering a 1% integer multiple change in shareholding. This move aligns with CNFTT’s previously disclosed shareholding increase plan, which does not involve a mandatory tender offer.

This equity change does not alter the company's actual control or its governance structure, and is not expected to significantly impact its ongoing operations. CNFTT and its concerted parties now collectively hold 719,474,999 shares in Antong Holdings.

In a related development, Antong Holdings will hold its third extraordinary general meeting on September 3, 2025, to discuss the reappointment of Grant Thornton China as its auditor for 2025. The proposed audit fee is 1.48 million yuan, consistent with the previous year.