Dongguan Investment Holdings boosts indirect stake in Shengyi Technology

The Dongguan Municipal People's Government transferred 100% of its equity in Dongguan Science and Technology Innovation Investment Group to Dongguan Investment Holdings Group. As a result, Dongguan Investment Holdings Group now indirectly holds 343,066,523 shares of Shengyi Technology, representing 14.13% of the company's total share capital as of November 10, 2025. This change makes Dongguan Investment Holdings Group the beneficial owner of these shares.

This equity change, finalized on November 14, 2025, positions Dongguan Investment Holdings Group as the indirect holder of shares through its subsidiaries: Dongguan Guohong Investment (13.29%), Dongguan Science and Technology Innovation Investment Group (0.29%), Dongguan Science and Technology Capital Industry Development Investment (0.36%), and Dongguan Science and Technology Capital Investment Management (0.19%). The total indirect holding remains 14.13%.

Despite the significant equity adjustment, Shengyi Technology's controlling shareholder and actual controller remain unchanged, with the company continuing to operate without a single controlling shareholder or actual controller. Dongguan Investment Holdings Group confirmed no plans for further share increases within the next 12 months.