Easyhome announces new controlling shareholder after founder's passing

Easyhome New Retail Group Co., Ltd. announced on October 13, 2025, that its actual controller has changed from the late Wang Linpeng to Yang Fang, his spouse. This change was triggered by Wang Linpeng's passing, with Yang Fang acquiring company shares through marital property division and inheritance.

Following this, Yang Fang will control 2,735,620,872 shares, representing 43.93% of the company's total share capital. The company clarified this will not materially impact its daily operations, financial condition, independence, or continuous operating capability.

Yang Fang is actively processing the necessary transfer procedures. The 100% equity stake in Beijing Zhongtian Jiaye Commercial Management Co., Ltd., previously held by Wang Linpeng, has been successfully transferred to Yang Fang via industrial and commercial registration. This entity holds significant indirect stakes in Easyhome Holdings.

The direct transfer of Wang Linpeng's 372,049,824 shares (5.97% of total share capital) in Easyhome New Retail Group, as well as his equity in Easyhome Holdings and Horgos Easyhome Zhida Building Materials Workshop, is still pending. The company will comply with all relevant legal and regulatory requirements for information disclosure as these direct share transfers are completed.