Dahu Aquaculture controlling shareholder boosts stake, passes new threshold

Tibet Hongshan Technology Development, the controlling shareholder of Dahu Aquaculture, has increased its shareholding in the company through transactions on the Shanghai Stock Exchange. Between January 20 and September 3, 2025, Tibet Hongshan purchased an additional 28,083,201 shares for a cumulative transaction amount of CNY 136,326,984.14. This latest acquisition has pushed Tibet Hongshan’s total shareholding in Dahu Aquaculture from 26.6303% to 27.5778%.

This increase forms part of a larger plan disclosed on December 26, 2024, where Tibet Hongshan intended to increase its shareholding by CNY 75,000,000 to CNY 150,000,000 using proprietary funds and special bank loans. The company has been regularly updating the market on these incremental increases, with previous disclosures noting changes in March, April, and July of 2025.

The equity change does not involve a tender offer and will not alter the company's controlling shareholder or actual controller. Tibet Hongshan will continue to notify Dahu Aquaculture and fulfill information disclosure obligations for every 1% increase in its shareholding.