Antong Holdings: restricted shares from 2016 offering to enter public circulation

Antong Holdings Co., Ltd. announced that 100,442,000 restricted shares from a non-public offering will become eligible for public trading on December 18, 2025. These shares, representing 2.37% of the company's total share capital, were originally part of a major asset restructuring and related fundraising that concluded in 2016. The shares were acquired by the Sichuan Trust Co., Ltd. – JinXin No. 1 Single Capital Trust Plan through a judicial transfer from Guo Dongze in February 2023, settling a debt of 362,020,885 yuan.

The impending circulation will shift 100,442,000 shares from restricted to unrestricted status, reducing the total restricted shares to 369,248,484 and increasing unrestricted shares to 3,862,278,495. This adjustment follows several capital changes since the initial offering, including a stock dividend in 2018 and a capital reserve conversion in 2020 as part of a restructuring plan, which significantly increased the company's total share capital.

The independent financial advisor, Guotai Haitong Securities Co., Ltd., has verified that the application for the listing and circulation of these restricted shares complies with all relevant laws and regulations, confirming the accuracy and completeness of the disclosed information.