Langxin Technology: The controlling shareholder and the actual controller have changed; Xu Changjun and Wuxi Puhua jointly hold 15.27%

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Langxin Technology announced that one of the company’s original actual controllers, Zheng Xinbiao, has reached the statutory retirement age, has completed retirement procedures, and will no longer serve as a director or executive. After consultations, Xu Changjun and Zheng Xinbiao signed a “Termination Agreement on Acting in Concert” on July 15, 2026, to terminate their acting-in-concert relationship. At the same time, Wuxi Puhua and Wuxi Qunying, as well as the employee shareholding platforms, also signed related termination agreements.

Following this termination, the company’s controlling shareholder will change from Wuxi Puhua and Wuxi Qunying to Wuxi Puhua. The company’s actual controller will change from Xu Changjun and Zheng Xinbiao to Xu Changjun. Xu Changjun and Wuxi Puhua, which he controls as the managing general partner, together hold 15.27% of the shares in the listed company.

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