Lanzhou Zhuangyuan Pasture completes major state-owned equity transfer

Lanzhou Zhuangyuan Pasture Company Limited announced the completion of a gratuitous transfer of state-owned equity. The transfer involved 30,894,700 shares, representing 15.80% of the company's total share capital, from Lanzhou Zhuangyuan Investment Company to Gansu Provincial Agricultural Reclamation Group Company Limited, the controlling shareholder.

The transfer registration was completed on October 29, 2025, and confirmed on October 30, 2025. Following this transaction, Gansu Provincial Agricultural Reclamation Group Company Limited now directly holds 34,750,100 shares, accounting for 17.77% of Lanzhou Zhuangyuan Pasture's total share capital. Lanzhou Zhuangyuan Investment Company no longer holds any shares in the company.

This equity change, categorized as a gratuitous transfer of state-owned equity, complies with conditions for exemption from issuing a tender offer. The company stated that the transaction will not result in a change of its controlling shareholder or actual controller, nor will it significantly impact the company's daily production and operations.