CHINA TIANRUI (01252): Changes in controlling shareholder equity.

CHINA TIANRUI (01252) announced that the company's board of directors has been informed by its controlling shareholder, Yuku Limited (Yuku), that between March 12, 2026 and March 20, 2026, Yuku's 21.914 million shares of the company were forcibly sold by its stockbroker in the open market (forced sale of shares). Following the forced sale of shares, Yuku collectively holds 1.605 billion shares, representing approximately 52.07% of the total issued share capital of the company. Yuku is wholly owned by Calais Limited, which is wholly owned by Tianrui (International) Holdings Limited, which is in turn wholly owned by Tianrui Group Limited. Tianrui Group Limited is owned 70% by Mr. Li Liufa (Chairman of the Board and Non-Executive Director) and 30% by Ms. Li Fenglian (spouse of Mr. Li Liufa and Executive Director). Mr. Li Liufa, Ms. Li Fenglian, Tianrui Group Limited, Tianrui (International) Holdings Limited, and Calais Limited are considered to have interests in the shares held by Yuku. The company believes that the forced sale is unrelated to the company and will not have a significant impact on the company's main business, normal operations, corporate governance, and daily management. As of the date of this announcement, the company continues to operate normally.