*ST Jingfeng: 880 millones de acciones transferidas a la cuenta de valores del inversor en reestructuración, el accionista mayoritario ha cambiado a Shiyao Holdings

ST Jingfeng announcement: The company, due to the implementation of its reorganization plan, based on the existing total share capital of approximately 880 million shares, will increase shares by 10-for-10 for every 10 shares, bringing the total share capital to approximately 1.76 billion shares. The newly increased shares have completed the transfer on March 17. Shiyao Holding Group holds approximately 457 million shares (26% of the total share capital), becoming the company’s largest shareholder. The company’s controlling shareholder has changed from Ye Xiangwu to Shiyao Holding Group, and the actual controller has changed to Cai Dongchen. The shareholding proportion of Ye Xiangwu and his persons acting in concert has been passively diluted to 6.52%, while Great Wall Asset holds 7.60%. This change does not affect the company’s normal operations.

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