CHIHO ENV Announces Transfer of 15% Shareholding Between Related Entities

Stock News06-30

CHIHO ENV (00976) has issued an announcement regarding a significant share transfer. Based on publicly available information, the company has been informed that on June 15, 2026, Yushang Investment Group (Hong Kong) Co., Ltd. (Yushang Hong Kong) transferred 240,772,843 shares of the company, representing 15% of the issued share capital, to Yushang Phoenix Capital Management Co., Ltd. (Yushang Phoenix) for zero consideration.

Following the completion of this transfer, the shareholding of Yushang Hong Kong in the company has been reduced from 978,383,181 shares, equivalent to approximately 60.95% of the issued share capital, to 737,610,338 shares, which represents about 45.95% of the issued share capital. Both Yushang Hong Kong and Yushang Phoenix are ultimately beneficially owned by Xin Jiulong (Chongqing) Information Technology Service Co., Ltd. (Xin Jiulong), which in turn is 99% owned by Mr. Zhao Mingjun.

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