Beijing Zhong Ke San Huan completes internal share transfer

Beijing Zhong Ke San Huan High-Tech Co., Ltd. announced its controlling shareholder, Sanhuan Holdings Co., Ltd., completed the transfer of 3,458,877 shares to related party CAS Holdings Co., Ltd. The shares represent 0.28% of the company's total share capital.

The non-public agreement priced the transfer at 13.01 yuan per share, totaling 44,999,989.77 yuan. The over-the-counter registration was finalized on November 28, 2025.

This internal transfer did not alter the aggregate shareholding or percentage of the company's controlling shareholder and its related parties, which remains at 298,581,149 shares, or 24.56% of the total share capital. Sanhuan Holdings' stake adjusted from 23.35% to 23.07%, while CAS Holdings' stake increased from 1.21% to 1.49%.

The company emphasized that this transaction is an internal transfer under common control, does not involve market sell-offs, and will not trigger a tender offer. It also does not impact the company's control, governance structure, or ongoing operations, aligning with relevant securities laws and regulations.