Yunda Holding's controlling shareholder completes share increase plan

Beijing Tianyuan Law Firm issued a legal opinion confirming that Shanghai Luojiesi Investment Management Co., Ltd. (Shanghai Luojiesi) has completed its share increase plan for Yunda Holding Group Co., Ltd. The plan, announced on May 7, 2025, involved Shanghai Luojiesi acquiring additional shares through the Shenzhen Stock Exchange.

Shanghai Luojiesi purchased 14,551,380 shares of Yunda Holding, representing 0.50% of the company's total share capital, for a total of CNY 10,974.52m (excluding transaction fees). Following this increase, Shanghai Luojiesi's stake in Yunda Holding reached 1,525,104,168 shares, or 52.60% of the total share capital. Combined with its consistent actions, the total holdings amount to 1,673,376,453 shares, or 57.72%.

The legal opinion concluded that the share increase complies with relevant laws and regulations, including the "Measures for the Administration of the Takeover of Listed Companies," and does not trigger a mandatory tender offer. Yunda Holding has fulfilled its information disclosure obligations regarding this transaction, with the final disclosure of the implementation results pending.