Xiaoshong Corporation: Controlling shareholder intends to transfer 9.25% stake, control may change.

Xiaosong Corporation announced that on December 17, 2025, its controlling shareholder Huaxin Chuangli signed a "Stock Transfer Agreement" with Jiasheng Times, intending to transfer 30,737,862 shares of unrestricted circulating shares, accounting for 9.25% of the total share capital. If the transfer is completed, the company's controlling shareholder and actual controller will change. Currently, the company and all parties are proceeding with the transaction, and it is uncertain whether it will be completed. This transfer will require confirmation from the Shenzhen Stock Exchange and transfer registration, and the company will continue to disclose any progress.