Luqi Culture (00550): Chen Jiajun no longer holds shares in the company

Zhitong Finance App News, Luqi Culture (00550) announced that the board of directors was notified by Litian Global Co., Ltd., the company's major shareholder, that Mr. Chen Jiajun told Direct Ascent Intelligent InvestmentCo on September 9, 2026. , Limited sold all of its issued share capital of Litian. On the date of this announcement, Litian held approximately 123 million shares of the company, which is equivalent to about 27.01% of the company's total issued share capital. Following the sale, Mr. Chen Jiajun will no longer have any interest in the shares.

On the date of this announcement, Direct Ascent is managed by RunXi International Co. , Limited holds about 63% and the company's chairman and non-executive director, Mr. Ma Changwei holds about 37%, while RUNXI International is a company wholly owned by Ms. Clara Cheung, a director of several of the company's subsidiaries. , Limited holds about 82.4% and the company's executive director Mr. Gan Peng holds about 17.6%.