ST Huiren: Controlling shareholder and actual controller passively reduced holdings by 17.6 million shares.
ST Huilun announced that due to failure to repay the equity transfer payment as scheduled, a total of 17.6 million shares of the company's stock held by controlling shareholder Xinjiang Huilun and actual controller Zhao Jiqing were auctioned by the court on April 16, 2026, and the transfer registration was completed, accounting for 6.26% of the total share capital of the company. After this equity change, Zhao Jiqing's shareholding decreased to 10.3 million shares, accounting for 3.67%; Xinjiang Huilun's shareholding decreased to 27.4274 million shares, accounting for 9.77%. This change will not lead to a change in the company's actual control or largest shareholder, and will not have a significant adverse impact on the company's production and operation. As of the date of the report signing, the obligated disclosure party has no plans to increase or decrease holdings in the next 12 months.
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