Shanghai Lingang announced that the company previously disclosed the introduction of China Life Insurance Investment through a capital increase and share expansion through Shanghai Caohejing Development Zone Hi-Tech Park Development Co., Ltd. Recently, the company signed a “Capital Reduction Agreement” with China Life Insurance Investment and Hi-Tech Park Corporation, agreeing that China Life Insurance Investment would withdraw through capital reduction and that the original cooperation was terminated; the registered capital of Hi-Tech Park Company was reduced from 4.168 billion yuan to 3.192 billion yuan, a decrease of 975 million yuan. The reference date for capital reduction is June 30, 2026.

Shanghai Lingang announced that the company previously disclosed the introduction of China Life Insurance Investment through a capital increase and share expansion through Shanghai Caohejing Development Zone Hi-Tech Park Development Co., Ltd. Recently, the company signed a “Capital Reduction Agreement” with China Life Insurance Investment and Hi-Tech Park Corporation, agreeing that China Life Insurance Investment would withdraw through capital reduction and that the original cooperation was terminated; the registered capital of Hi-Tech Park Company was reduced from 4.168 billion yuan to 3.192 billion yuan, a decrease of 975 million yuan. The reference date for capital reduction is June 30, 2026.