Beijing Tongguan Yingxin reports major share transfer due to shareholder restructuring

Beijing Tongguan Yingxin Cultural Tourism Development Co., Ltd. announced that Macrolink Holdings Co., Ltd., a shareholder holding over 5% of the company's shares, had 203,223,883 shares judicially transferred on September 9, 2025. This transfer, executed by the Shenzhen branch of China Securities Depository and Clearing Corporation Limited, represents 3.46% of the company's total share capital. Of these, 111,682,858 shares (1.90% of total share capital) were transferred to Macrolink Holdings Group Finance Co., Ltd.'s dedicated disposal account for bankrupt enterprises, with the remaining 91,541,025 shares going to various creditors' securities accounts.

Following this transfer, Macrolink Holdings Co., Ltd.'s stake in the company has decreased from 7.18% to 3.72%, meaning it is no longer a shareholder holding 5% or more of the company's shares. This action is a result of the Beijing No. 1 Intermediate People's Court's ruling on the restructuring plan for Macrolink Holdings and six other related companies.

Additionally, the company's dedicated disposal account for bankrupt enterprises, initially holding 3,975,124,620 shares after a capital reserve to share capital transfer, has seen 2,303,606,629 shares transferred to restructuring investors and some creditors. The remaining balance in this account is 1,671,517,991 shares, representing 28.47% of the company's total share capital.