East Money Information shareholders conclude major stock transfer

East Money Information Co., Ltd. announced the completion of an inquiry-based share transfer by its shareholders, Lu Lili and Shen Yougen. The transfer involved 23.78m shares at a price of CNY 24.40 per share, representing 1.50% of the company's total share capital. Following the transaction, Shen Yougen no longer holds company shares, while Lu Lili's stake decreased from 2.32% to 1.01%.

The transaction, executed as a non-public transfer, did not involve open market or block trading. The shares acquired by the transferees are restricted from transfer for six months. This equity change, impacting holdings by 1% of the total share capital, does not alter the company's controlling shareholder or actual control, nor does it affect its corporate governance structure or ongoing operations.

The inquiry transfer attracted 16 institutional investors, including J.P. Morgan Securities plc, CITIC Securities Co., Ltd., UBS AG, and E Fund Management Co., Ltd. The process adhered to fair and just principles, complying with relevant laws and regulations, as confirmed by CITIC Securities.