Henan Yuguang Gold & Lead sees state equity transfer completed

Henan Yuguang Gold & Lead Group Co., Ltd. announced on December 25, 2025, that the gratuitous transfer of state-owned equity from Jiyuan Investment Group Co., Ltd. to Henan Yugong Group Co., Ltd. has been completed. This transfer involved 54,512,132 shares, representing 4.51% of the company's total share capital, and was executed following the deepening of reforms for state-owned enterprises.

Following the transfer, Jiyuan Investment Group now holds 20,640,000 shares, equating to 1.71% of the company's total share capital. Henan Yugong Group directly holds 54,512,132 shares (4.51% of total share capital) and indirectly controls an additional 20,640,000 shares (1.71% of total share capital) through its subsidiary, Jiyuan Investment Group. This combined ownership gives Henan Yugong Group total control of 6.21% of the company's shares, establishing it as the second-largest shareholder.

The company confirmed that the gratuitous transfer was finalized on December 24, 2025, with the receipt of the "Securities Transfer Registration Confirmation Letter" from China Securities Depository and Clearing Corporation Limited. The company also stated that this transfer will not alter its controlling shareholder or actual controller.