Shanghai Industrial Holdings (00363): Internal restructuring completed

Zhitong Finance App News, Shanghai Industrial Holdings (00363) issued an announcement. The board of directors was notified by Shangshi Group, the company's direct controlling shareholder, that the internal restructuring proposal was completed on December 29, 2025, and Jinzhong has registered as the owner of all issued shares of Shangshi Group. For the avoidance of doubt, the registered ownership of Shangshi Group was changed after the internal restructuring proposal was completed until Admiralty did not involve voting rights in the acquisition. The right to vote is currently owned by the Shanghai Municipal Government and has always been owned by the Shanghai Municipal Government at all important times.

Therefore, as of the date of this announcement, Admiralty indirectly held the controlling interest of the company (that is, the company's issued shares are about 63.16%), the controlling interest of Shanghai Industrial City Development Group Co., Ltd. (i.e., about 70.44% of the issued shares of Shangshi Chengkai), and the controlling interest of Shanghai Industrial Environment Holdings Co., Ltd. (00807) (i.e. about 50.12% of the issued shares of Shanghai Real Environment). Both Shangshi Chengkai and Shangshi Environmental are non-wholly-owned subsidiaries of the company. Since Shangshi Group, Shanghai Shangshi, and Jinzhong are currently and at all important times wholly owned by the Shanghai Municipal Government, the final control of the company, Shangshi Chengkai, and Shangshi Environment is still owned by the Shanghai Municipal Government. Therefore, after the internal restructuring proposal was completed, there was no change in the final control of the company, Shangshi Chengkai, and Shangshi Environment.