Peach and Plum Bread: The proportion of equity rights of the actual controller and the concerted action person has decreased to 62.22%.

date
20/03/2026
The announcement from Taoli Bread stated that on March 19-20, 2026, the controlling shareholder Wu Zhigang reduced his holdings by 14.6945 million shares, accounting for 0.92% of the total share capital, through a block trade. Additionally, he internally transferred 11.1846 million shares to his spouse, Sheng Yali, accounting for 0.70%. After this reduction and transfer, Wu Zhigang and his concerted parties' shareholding ratio decreased from 63.14% to 62.22%, crossing the 1% threshold. This equity change is part of the implementation of a reduction plan, which is not fully completed and will not result in changes to the controlling shareholder or the actual controller, nor will it involve the disclosure of an equity change report.