Core Viewpoint - The company, Yitian Co., Ltd. (300812.SZ), announced the termination of the "Consistent Action Agreement" originally signed on September 28, 2016, which will expire on January 9, 2026, and the restructuring of its controlling shareholders and actual controllers [1] Group 1 - The agreement to terminate the "Consistent Action Agreement" was signed on January 7, 2026, by the controlling shareholders and actual controllers, Mr. Chai Minghua, Mr. Gao Junpeng, and Mr. Hu Jinglin [1] - After January 9, 2026, the aforementioned parties and their concerted action partner, Shenzhen Yitianheng Investment Management Partnership (Limited Partnership), will no longer have a consistent action relationship [1] - The new "Consistent Action Agreement" was signed by Mr. Chai Minghua and Mr. Gao Junpeng, indicating that Mr. Hu Jinglin and his concerted action partner, Yitianheng, will no longer be the controlling shareholders and concerted action parties of the company [1]

Core Viewpoint - The company Jiaheng Jiahua (300955.SZ) is undergoing significant changes in its shareholding structure, with major share transfers involving Mr. Zeng Bensheng and several entities, leading to a new controlling shareholder and actual controller. Group 1: Share Transfer Agreements - Mr. Zeng Bensheng signed a share transfer agreement with Hangzhou Pinbianyi Network Technology Co., Ltd. to transfer 19,555,200 shares, representing 19.40% of the total shares of the company [1] - Mr. Zeng also signed an agreement with Wenzhou Cangxiao Enterprise Management Partnership to transfer 5,241,600 shares, accounting for 5.20% of the total shares [1] - Additionally, Mr. Zeng entered into an agreement with Hangzhou Runyi Enterprise Management Consulting Partnership to transfer 5,140,800 shares, which is 5.10% of the total shares [1] Group 2: Voting Rights and Control Changes - After the share transfers, Mr. Zeng will relinquish voting rights for 26,000,612 shares, which is 25.79% of the total shares, including rights such as nomination, proposal, and voting rights, but excluding dividend and property rights [2] - The relinquishment of voting rights will take effect upon the completion of the share transfer and will remain in effect until certain conditions are met [2] Group 3: Tender Offer and Shareholding Structure - Hangzhou Pinbianyi plans to make an irrevocable partial tender offer for 21,268,800 shares, representing 21.10% of the total shares, contingent upon the completion of the share transfer [3] - Following the completion of these transactions, Hangzhou Pinbianyi, Wenzhou Cangxiao, and Hangzhou Runyi will collectively hold 29.70% of the shares and corresponding voting rights, making Hangzhou Pinbianyi the new controlling shareholder [4] - Mr. Xu Yi will become the actual controller of the company after these changes [4]

Core Viewpoint - The announcement details the expiration of the "Joint Action Agreement" among shareholders of Anhui Dehao Runda Electric Co., Ltd. (ST Dehao), which does not involve any changes in shareholding quantities or proportions among the shareholders [45][56]. Group 1: Shareholder Information - The shareholders involved in the agreement include Bengbu Xinrui Project Management Co., Ltd., Wang Sheng, Beijing Fengyan Private Fund Management Co., Ltd., Beijing Lingrui Investment Management Co., Ltd., and Beijing Lingrui Yixin Asset Management Co., Ltd. [45][56] - The agreement was signed on June 21, 2024, and is set to expire on December 20, 2025, after which the joint action relationship will be dissolved [30][48]. Group 2: Shareholding Structure - As of the report date, the combined shareholding of the shareholders amounts to 237,234,804 shares, representing 13.54% of the total share capital [49]. - After the expiration of the agreement, the shareholders will no longer consolidate their shareholdings, with Bengbu Xinrui and Wang Sheng holding 112,570,847 shares (6.42% of total share capital) and Beijing Fengyan, Lingrui Investment, and Lingrui Yixin holding 124,663,957 shares (7.11% of total share capital) [50][56]. Group 3: Future Plans - Bengbu Xinrui plans to reduce its holdings by 25,741,400 shares (1.47% of total share capital) between December 20, 2025, and March 19, 2026, through centralized bidding and block trading [32][55]. - There are currently no other explicit plans or arrangements for increasing or decreasing shareholdings in the next 12 months [32]. Group 4: Impact on the Company - The expiration of the joint action agreement will not lead to any change in the control of the company, nor will it adversely affect the company's operational development or governance structure [37][54]. - The company does not have a controlling shareholder or actual controller, and the situation remains unchanged post-agreement expiration [54].

Core Viewpoint - The announcement details the renewal of the concerted action agreement among the actual controllers of Suzhou Dongwei Semiconductor Co., Ltd., ensuring the stability of control and governance structure of the company [2][9]. Group 1: Agreement Renewal - The original concerted action agreement signed in December 2016 will expire on December 15, 2025, and a new agreement has been signed to consolidate control and ensure the company's healthy development [2][4]. - The new agreement will be effective for 24 months, from December 15, 2025, to December 15, 2027 [6]. - After the renewal, the combined shareholding of the actual controllers will decrease from 32.71% to 31.08%, but the actual controllers remain unchanged as Wang Pengfei and Gong Yi [2][8]. Group 2: Impact on Company Operations - The renewal of the agreement is expected to maintain the stability of the company's control and will not adversely affect daily operations or governance structure [9][10]. - The company has established a sound governance structure since its listing on the STAR Market in February 2022, and the renewal will not disrupt its operational independence or financial integrity [9][10]. - The company will continue to comply with relevant laws and regulations to ensure effective internal control and governance mechanisms [9][10].

Group 1 - The core point of the article is the signing of a "Joint Action Agreement" by the co-founders of Dongwei Semiconductor, Wang Pengfei and Gong Yi, with Lu Wansong and Wang Shaoze to optimize the company's governance structure and consolidate control [1] - The agreement was signed on December 15, 2016, and is effective for an initial period of six years, automatically extending for three years unless terminated by the actual controllers before expiration [1] - As of the announcement date, the original parties have consistently acted in accordance with the agreement regarding company management and decision-making, with no violations reported [1]

Core Viewpoint - Wuxi Chuangda New Materials Co., Ltd. is undergoing a second round of inquiries regarding the stability of its customer base and control rights as part of its IPO process on the Beijing Stock Exchange [1] Company Overview - Chuangda New Materials was established in 2003, focusing on the research, production, and sales of high-performance thermosetting composite materials. Its main products include epoxy molding compounds, liquid epoxy encapsulants, organic silicone gels, phenolic molding compounds, and conductive silver pastes [1] Shareholding Structure - The company's controlling shareholders are Zhang Jun, Xixin Investment, Lu Nanping, and Mianyang Huili, holding 15.8706%, 11.1117%, 7.6672%, and 17.2245% of shares respectively. Together, they control over 50% of the voting rights in the company [2][3] Actual Control - Zhang Jun directly holds 15.8706% of the shares and controls an additional 11.1117% through Xixin Investment, totaling 26.9823% of the voting rights. He serves as the chairman and general manager of the company. Lu Nanping directly holds 7.6672% and controls 17.2245% through Mianyang Huili, totaling 24.8917% of the voting rights, and serves as the vice chairman and deputy general manager [3][4] Agreement on Joint Action - In January 2022, Zhang Jun, Lu Nanping, Xixin Investment, and Mianyang Huili signed a Joint Action Agreement, which is valid for five years. The Beijing Stock Exchange has requested clarification on the stability of this agreement [4] Supplementary Agreement - To maintain the stability of the joint action relationship during and after the IPO process, the controlling shareholders have signed a supplementary agreement extending the validity of the original agreement until December 31, 2028, with provisions for automatic extension if the IPO is completed [5][6]

Core Viewpoint - The company has extended the validity of the "Consistent Action Agreement" until December 9, 2026, ensuring that the shareholders will continue to act in concert regarding significant matters of the company [1][3]. Group 1: Background of the Agreement - The original "Consistent Action Agreement" was signed on December 30, 2021, between Li Taiyou, Dadi Engineering Development Group Co., Ltd., Wang Dongping, and Xie Meihua, establishing a framework for coordinated shareholder actions [1][3]. - The agreement specifies that the coordinated actions are limited to exercising shareholder rights and do not affect the independence of the parties involved in their investment decisions and business operations [1]. Group 2: Shareholder Compliance - During the validity of the original agreement, all parties adhered to the terms and commitments without any violations [2]. - As of the announcement date, Li Taiyou controls 34.021 million shares (38.4722% of total shares), Dadi Company holds 8.55 million shares (9.6687%), Wang Dongping holds 1.9619 million shares (2.2186%), and Xie Meihua holds 2.1581 million shares (2.4405%) [2]. Group 3: Impact of the Agreement - The signing of the supplementary agreement does not change the actual control of the company, which remains with Li Taiyou, and the voting rights held by him and his concerted parties remain unchanged [4]. - The agreement is expected to contribute to the continuity and stability of the company's development strategy and management policies, without adversely affecting daily operations or harming the interests of minority investors [4].

Core Viewpoint - The company has extended the validity period of the "Consistent Action Agreement" by 18 months to ensure stable control and governance continuity among its actual controllers [1][3]. Group 1: Background of the Agreement Renewal - The original "Consistent Action Agreement" was signed on June 17, 2017, and was set to expire on November 24, 2025, coinciding with the company's initial public offering [1][3]. - The agreement ensures that the actual controllers act in unison during shareholder and board meetings [1][3]. Group 2: Shareholding Structure - As of the announcement date, the shareholding distribution among the actual controllers is as follows: Gao Weirong holds 25.98%, Gao Liangyun holds 6.55%, and Gao Shihui holds 1.61%, totaling 34.14% of the company's shares [2]. Group 3: Main Content of the Agreement Renewal - The renewal agreement maintains the rights and obligations as per the original agreement, with the new effective period extending 18 months beyond the original expiration date [3][4]. - The agreement is legally binding and is executed in five copies, each holding equal legal effect [4]. Group 4: Impact of the Agreement Renewal - The renewal does not change the actual control of the company, which remains with Gao Weirong, Gao Liangyun, and Gao Shihui [5]. - The extension is expected to support the continuity and stability of the company's development strategy and management policies, without adversely affecting daily operations or harming minority investors' interests [5].

Core Viewpoint - The actual controllers of Sains Environmental Co., Ltd. have agreed to extend the validity of the "Joint Action Agreement" for an additional 18 months to ensure stable control and governance of the company [1][3]. Group 1: Background of the Agreement - The "Joint Action Agreement" was originally signed on June 17, 2017, and was set to expire on November 24, 2025, coinciding with the company's initial public offering [1][3]. - The actual controllers, Gao Weirong, Gao Liangyun, and Gao Shihui, hold a combined 34.14% of the company's shares, ensuring their status as actual controllers [2]. Group 2: Main Content of the Agreement - The supplementary agreement extends the original agreement's validity by 18 months from the expiration date [3]. - The rights and obligations of the parties remain unchanged except for the extension of the agreement's duration [3][4]. Group 3: Impact on the Company - The extension of the "Joint Action Agreement" does not change the actual control of the company, which remains with Gao Weirong, Gao Liangyun, and Gao Shihui [5]. - This extension is expected to maintain the continuity and stability of the company's development strategy and management policies, without adversely affecting daily operations or harming the interests of minority investors [5].

Core Viewpoint - The actual controllers of Shanghai Mercury Home Textile Co., Ltd. have renewed the "Consistent Action Agreement" to maintain stable control over the company, ensuring healthy business development and protecting the interests of minority investors [1][8]. Group 1: Background of the Agreement Renewal - The actual controllers, Li Laibin, Xie Qiuhua, Li Yulu, and Li Yugao, signed the "Consistent Action Agreement" on August 3, 2017, confirming their status as joint actual controllers of the company. The agreement was first renewed for three years on November 19, 2020, and again for two years on November 19, 2023. The current renewal extends the agreement until November 19, 2025 [2][3]. Group 2: Main Content of the Agreement - The agreement stipulates that all parties must act consistently when making decisions that require resolutions from the shareholders' meetings of Mercury Home Textile or its controlling shareholder, Mercury Holdings Group [3]. - When proposing resolutions to the shareholders' meetings or boards, parties must communicate and reach a consensus beforehand. In case of disagreement, the consensus between Li Laibin and Xie Qiuhua will prevail [4]. - All parties must maintain consistent action when exercising other shareholder rights, and any dissent must align with the consensus of Li Laibin and Xie Qiuhua [5][6]. - If any party cannot attend a shareholders' meeting, they must delegate another party to vote according to the consensus of Li Laibin and Xie Qiuhua [6]. - The agreement prohibits any party from signing similar agreements with other shareholders without the consent of Li Laibin and Xie Qiuhua [7]. Group 3: Impact of the Agreement Renewal - The renewal of the "Consistent Action Agreement" ensures that the control of the company remains unchanged, with the actual controllers still being Li Laibin, Xie Qiuhua, Li Yulu, and Li Yugao. This aligns with the company's business development and does not negatively impact daily operations or harm the interests of minority investors [8].