Changlian Co., Ltd. announced that on June 17, 2026, the controlling shareholder, the Pudong New Area State-owned Assets Administration Commission, signed a “Share Transfer Agreement” with Pudong Capital to transfer 91,688,980 A-shares it holds into Pudong capital through a private agreement. The transfer was registered on July 28, and the transfer date is July 27. After the transfer, the controlling shareholder of the company changed to Pudong Capital, and the actual controller is still the Pudong New Area State-owned Assets Administration Commission.

Changlian Co., Ltd. announced that on June 17, 2026, the controlling shareholder, the Pudong New Area State-owned Assets Administration Commission, signed a “Share Transfer Agreement” with Pudong Capital to transfer 91,688,980 A-shares it holds into Pudong capital through a private agreement. The transfer was registered on July 28, and the transfer date is July 27. After the transfer, the controlling shareholder of the company changed to Pudong Capital, and the actual controller is still the Pudong New Area State-owned Assets Administration Commission.