Hangzhou High-tech: Controlling shareholder signs share transfer agreement, control rights may change.

Hangzhou High-tech announced that on August 8, 2025, controlling shareholders Donghang Group, Juronweye, Hu Min, and Juron Energy Limited signed a share transfer agreement. Donghang Group plans to transfer 24.1059 million shares of the listed company held by agreement to Juronweye, accounting for 19.03% of the total share capital, at a transfer price of RMB 20.53 per share, with a total transfer amount of RMB 495 million. After the completion of this agreement transfer, Juronweye will hold 19.03% of the shares of the listed company and become the controlling shareholder, and the actual controller of the listed company will change from Hu Min to Lin Rongsheng. This matter still requires compliance review by the Shenzhen Stock Exchange and transfer procedures by the China Securities Depository and Clearing Corporation Limited Shenzhen Branch, which involves uncertainties.