JIHONG CO (02603): Controlling Shareholder and Concerted Parties Terminate Share Reduction Plan Early, Having Sold 9.9049 Million Shares

Stock News01-30

Xiamen Jihong Co.,Ltd. (02603) announced that the company recently received a notification letter from its controlling shareholder and actual controller, Ms. Zhuang Hao, along with her concerted parties, Mr. Zhuang Shu and Tibet Yongyue Shichao Enterprise Management Co., Ltd. (collectively referred to as the "Reduction Entities"), regarding the early termination of the share reduction plan and the results of the reduction. During the period from December 22, 2025, to January 29, 2026, these entities reduced their holdings by 9.9049 million shares through centralized bidding and block trades. This represents 2.1991% of the company's total share capital of 450 million shares, or 2.2494% of the total share capital of 440 million shares after excluding 10.0764 million shares held in the repurchase专用证券账户.

Based on their own capital arrangements and after comprehensive consideration, the controlling shareholder, actual controller Ms. Zhuang Hao, and her concerted parties, Mr. Zhuang Shu and Tibet Yongyue Shichao Enterprise Management Co., Ltd., have decided to terminate this reduction plan ahead of schedule. The remaining shares that have not been sold will not be reduced for the duration of the original plan.

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