Tom Cat: Shareholder Wang Jian's Stake Falls Below 5%, No Impact on Corporate Governance or Operations

Deep News2025-09-22

Zhejiang Jinke Tom Culture Industry Co.,Ltd. announced that it recently received a letter and "Simplified Equity Change Report" from shareholder Mr. Wang Jian, disclosing that he recently conducted partial share disposals, pledge releases, and judicial freeze removals, with equity changes reaching whole percentage multiples of 1% of the company's total share capital.

As of the disclosure date of this announcement, Mr. Wang Jian holds 175,790,546 shares of the company, representing 4.99999997% of the total share capital. He is no longer a shareholder holding 5% or more of the company's shares.

Mr. Wang Jian's aforementioned share reduction was conducted in accordance with execution orders and assistance execution notices from relevant people's courts. The related equity changes will not result in a change of company control, nor will they impact the company's governance structure or ongoing operations. The company's fundamentals have not undergone significant changes.

Mr. Wang Jian's currently held shares that are judicially frozen or marked face risks of forced liquidation. Investors are advised to pay attention to related risks.

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