TJCD(02515) controlling shareholder Wang Wenbin intends to further sell 49.748 million shares of the company through block trading.

TJCD(02515) announced the proposal from the controlling shareholder to sell shares. According to the announcement, Mr. Wang Wenbin (Mr. Wang) plans to sell up to 71.988 million shares through his holding company SHENG YUAN HLDG by April 30, 2026 (accounting for approximately 27.80% of the total issued shares as of the announcement date). The company learned that on April 23, 2026, SHENG YUAN HLDG sold 22.24 million shares in a block trade, representing approximately 8.59% of the total issued shares. As of the date of this announcement, Mr. Wang is the beneficial owner of 135 million shares, accounting for approximately 52.23% of the total issued shares, and is one of the controlling shareholders of the company. The company learned that Mr. Wang further intends to sell 49.748 million shares through block trades, accounting for 19.21% of the total issued shares (proposed further sale), subject to compliance with percentage limits under applicable laws of the People's Republic of China. Assuming that the total issued shares remain unchanged as of the completion date of the proposed further sale, following the completion of the proposed further sale, Mr. Wang will still be the beneficial owner of 85.5089 million shares, accounting for approximately 33.02% of the total issued shares, and will still be one of the controlling shareholders of the company. The proposed further sale will not result in any changes to the controlling shareholder.