Starlight Ring Material: Controlling shareholder completes the spin-off of shares, and some equity will be transferred.

Starlight Ring Material announced that its controlling shareholder, Guangdong Starlight Holdings Co., Ltd., has completed the corporate split, with the surviving company still being Starlight Holdings and the newly established company being Shantou Leixing Holdings Co., Ltd. After the split, the registered capital of Starlight Holdings is 145 million yuan, while Leixing Holdings is 5 million yuan. The shareholders and equity structure remain unchanged, with Starlight Holdings still holding 39.28% of the company's shares. In addition, the company's actual controllers Chen Yansheng, Chen Chuanghuang, and Chen Yueping will collectively transfer 45% of their shares in Starlight Holdings to Jiangsu Jiu Shi Zhi Xing Intelligent Technology Co., Ltd., and will soon complete the transfer registration.