Zhejiang Merchants Zhongtuo Holdings' shareholder increased their holdings, triggering a change in ownership affecting multiples of 5%

On September 18, 2025, Zhejiang Shangzhongto received the "Brief Equity Change Report of Zhejiang Shangzhongto Group Co., Ltd." issued by the controlling shareholder Zhejiang Communications Group. From April 9, 2025, to September 17, 2025, Zhejiang Communications Group accumulated 8,316,599 shares through centralized bidding, accounting for 1.17% of the total share capital, with funds coming from own funds + specialized loans for holding. After this equity change, its shareholding reached 319,940,013 shares, accounting for 45.08%, reaching a multiple of 5%. The shareholding plan is not yet complete, and Zhejiang Communications Group will continue to implement it. This equity change complies with regulations, does not trigger a tender offer, and the controlling shareholder and actual controller remain unchanged. For detailed reports, please refer to the Dachao Information Network.