Henan Yuguang's second largest shareholder transfers state-owned equity

Henan Yuguang Gold & Lead Co., Ltd. (SSE:600531) announced that its second-largest shareholder, Jiyuan Investment Group Co., Ltd., will transfer 54,512,132 shares, representing 4.90% of the company's total share capital, to Henan Yugong Group Co., Ltd. This gratuitous transfer, effective November 18, 2025, aligns with Jiyuan Production-City Integration Demonstration Zone's state-owned enterprise reform.

Following the transfer, Jiyuan Investment Group's direct stake in Henan Yuguang will decrease to 20,640,000 shares (1.86%). Henan Yugong Group will directly hold 54,512,132 shares (4.90%) and indirectly control an additional 20,640,000 shares (1.86%) through Jiyuan Investment Group, totaling 6.76% and making it the second-largest shareholder. The transaction will not alter the company's controlling shareholder or actual controller.

Jiyuan Investment Group currently has 37,256,000 shares (3.35% of total share capital) pledged. The change in shareholding structure will not impact the company's financial status, asset value, or ongoing operational capabilities, nor will it harm the interests of other shareholders.