Kuangda Technology: Change of controlling shareholder to the State-owned Assets Supervision and Administration Commission of Zhuzhou City People's Government.

Kuangda Technology announced on December 19 that the company's original controlling shareholder and actual controller, Shen Jieliang, signed a "Share Transfer Agreement of Kuangda Technology Group Limited" with Zhuzhou Qichuang No.1 Industrial Investment Partnership Enterprise on September 5, 2025. Through the agreement, Shen Jieliang transferred 4.12 billion shares of the company, accounting for 28% of the total share capital, to Zhuzhou Qichuang. On the same day, Shen Jieliang and its concerted action parties, Jiangsu Kuangda Entrepreneurial Investment Co., Ltd. and Kuangda Holdings Group Co., Ltd., signed a "Voting Rights Waiver Agreement," "Voting Rights Waiver Commitment Letter," and "Commitment Letter Not Seeking Control Rights" with Zhuzhou Qichuang. The share transfer agreement has been completed and registered, with Zhuzhou Qichuang holding 4.12 billion shares of the company and corresponding voting rights, accounting for 28% of the total share capital. The controlling shareholder of the company has changed from Shen Jieliang to Zhuzhou Qichuang, and the actual controller has changed from Shen Jieliang to Zhuzhou State-owned Assets Supervision and Administration Commission.