HAOHAN DATA(SH:688292) Zheng Quan Zhi Xing·2025-08-18 16:18Core Viewpoint - The legal opinion states that the agreement of concerted action between shareholders of Beijing Haohan Deep Information Technology Co., Ltd. will expire on August 18, 2025, leading to a change in the actual controller of the company to Mr. Zhang Yue from Mr. Lei Zhenming [4][12]. Group 1: Termination of Concerted Action Agreement - The concerted action agreement was established to ensure that both parties acted in unison regarding company decisions requiring shareholder or board resolutions [5]. - The agreement was set to automatically extend for three years unless either party objected, but both parties agreed not to renew it upon its expiration on August 18, 2025 [6]. - Following the termination, the shareholding rights of both parties will be independent, allowing them to exercise their rights as individual shareholders [6][12]. Group 2: Change of Actual Controller - The legal framework defines the actual controller as the individual or entity that can effectively manage the company's actions through investment relationships or agreements [8]. - After the termination of the concerted action agreement, Mr. Lei Zhenming's voting rights will decrease from 36.32% to 11.45%, while Mr. Zhang Yue's voting rights will be adjusted from 36.32% to 24.87% [9][10]. - Mr. Zhang Yue will remain the largest shareholder and will have significant influence over company decisions, maintaining his role as the chairman since the company's IPO [10][12]. Group 3: Legal Compliance and Conclusion - The legal opinion confirms that the termination of the concerted action agreement does not violate any relevant laws or regulations, including the Company Law and Securities Law [12]. - The conclusion affirms that Mr. Zhang Yue will be recognized as the controlling shareholder and actual controller of the company starting from August 19, 2025 [12].