Yishite: Jingjiang Industrial acquires 18.66% of the company's shares to become the controlling shareholder

EisTaiTe’s announcement: Shareholders Guangdong Hengrui, Orient Group, and He Simu signed a share transfer agreement with Jingjiang Industrial. Jingjiang Industrial acquired 418 million shares held by Guangdong Hengrui (17.93% of total share capital) and 16.8609 million shares held by Orient Group (0.72% of total share capital), for a total of 434 million shares (18.66% of total share capital). At the same time, Orient Group waived the voting rights attached to its 722 million shares (31.01% of total share capital). The share transfer registration has been completed; Jingjiang Industrial has become the controlling shareholder, and the Jingzhou Municipal State-owned Assets Supervision and Administration Commission has become the actual controller.

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