Sealand Securities completes internal equity structure adjustment

Guohai Securities Co., Ltd. announced on November 4, 2025, that the share transfer related to its internal equity structure adjustment has been completed. This adjustment, first disclosed on September 27, 2025, involved the actual controller, Guangxi Investment Group Co., Ltd. and its indirectly controlled subsidiary, Guangxi Investment Group Financial Holdings Co., Ltd. Guangxi Investment Group transferred 859,343,587 shares of Guangxi Wuzhou Zhongheng Group Co., Ltd., representing 26.89% of Zhongheng Group's total share capital, to Guangtou Jinkong as part of a capital increase. This transaction effectively changed Zhongheng Group's controlling shareholder to Guangtou Jinkong.

As a result of this restructuring, Zhongheng Group's holding of 245,478,844 shares in Guohai Securities, representing 3.84% of Guohai Securities' total share capital, is now indirectly controlled by Guangtou Jinkong. This increases Guangtou Jinkong's direct and indirect holdings in Guohai Securities to a combined 676,634,592 shares, or 10.60% of Guohai Securities' total share capital. Guangtou Jinkong remains a primary and the second-largest shareholder of Guohai Securities. The company confirmed that this adjustment does not alter its actual controller or control rights.