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Jintongling: The judicial transfer of shares held by shareholders owning more than 5% has been completed, resulting in a passive reduction in holdings.
Jin10 data reported on October 31st that Jintongling announced that company shareholder Ji Wei, who holds more than 5% of shares, has completed the transfer of 13.9 million company shares due to judicial auction and debt-to-equity swaps, resulting in a passive reduction in holdings. Among them, 11.12 million shares were judicially auctioned, and 2.78 million shares were swapped for debts, with a transfer price of 2.7279 yuan/share, and the transfer period ends on October 29, 2025. After this change in equity, Ji Wei and his concerted actor Ji Weidong's total shareholding has decreased to 63.3779 million shares, accounting for 4.256% of the total share capital, no longer making them a shareholder of more than 5%, and it does not affect the company's controlling rights and operations.