JSTI Group: Controlling shareholder to increase stake

JSTI Group (SZSE:300284) announced that its controlling shareholder, Guangzhou Pearl River Industrial Group, intends to increase its stake by acquiring up to 25,256,500 shares, representing 2.0000% of the company's total share capital, from Guangzhou State-owned Assets Industry Development and Merger Fund Partnership (Limited Partnership). The transactions will occur via block trade within a three-month period (May 30, 2025 to August 29, 2025), following a 15-day waiting period after the announcement. Guangzhou Pearl River Industrial currently holds 23.0769% of JSTI, while Guangzhou State-owned Assets Industry Development and Merger Fund Partnership (Limited Partnership) holds 3.8462%. The transfer is motivated by Guangzhou Pearl River Industrial’s confidence in JSTI's long-term prospects, while Guangzhou State-owned Assets Industry Development and Merger Fund Partnership (Limited Partnership) is adjusting its asset allocation. The company confirms that the transfer will not change JSTI's controlling shareholder or affect its governance structure.