Core Viewpoint - Jiangxi Jiufeng Energy Co., Ltd. announced a change in the shareholding structure of its controlling shareholder and actual controllers, which has triggered a 5% threshold due to the conversion of convertible bonds into shares, resulting in a decrease in their shareholding percentage from 50.52% to 50.00% [3][4][16]. Group 1: Shareholding Changes - The total share capital of the company increased from 704,032,658 shares to 705,487,654 shares due to the conversion of convertible bonds [4][16]. - The actual controller, Ms. Cai Lihong, reduced her shareholding by 2,951,300 shares through centralized bidding transactions [4][16]. - The shareholding percentage of the controlling shareholder and actual controllers decreased from 50.52% (as of December 31, 2025) to 50.00% (as of February 24, 2026), reaching the 5% integer threshold [3][4][16]. Group 2: Compliance and Reporting - The company confirmed that the changes in shareholding do not trigger a mandatory tender offer and do not alter the identity of the controlling shareholder or actual controllers [5]. - A simplified report on the equity change has been prepared and disclosed in accordance with relevant regulations [5][9]. - The company will continue to monitor the implementation of the reduction plan and fulfill its disclosure obligations as required by law [5]. Group 3: Future Plans - The company disclosed a reduction plan for the next 12 months, where Mr. Zhang Jianguo and Ms. Cai Lihong plan to reduce their holdings by up to 1,720,700 shares and 3,112,700 shares, respectively [13][14]. - The reduction plan has not yet been fully implemented as of the report date [14].

Core Viewpoint - The report outlines a significant equity change involving Shanghai Liren Lizhuang Cosmetics Co., Ltd, where the management rights of a major shareholder have been transferred, resulting in a reduction of shareholding by the disclosing party [1][5][7]. Group 1: Equity Change Details - The disclosing party, Beijing Xiaozhixiao Management Consulting Co., Ltd, has transferred its role as the general partner of the shareholder Linlang Huancai to Chenyi Hongqi, leading to a loss of indirect control over 70,376,745 shares, which constitutes 17.57% of the total share capital of Liren Lizhuang [5][7]. - Following the equity change, the disclosing party will only hold a limited partnership interest of 0.18% in Linlang Huancai and 4.78% in Linlang Yicai, resulting in an indirect control of 0% over Liren Lizhuang [7][8]. Group 2: Agreements and Contributions - On February 11, 2026, the disclosing party signed partnership agreements with Chenyi Hongqi and other partners, establishing Chenyi Hongqi as the new general partner [6][8]. - The new partners, including Chenyi Hongqi, Beijing Chenyi, Wuxi Chenyi, and Hangzhou Chenyi, have committed to additional capital contributions totaling RMB 100 million, RMB 400.899 million, RMB 67.821 million, and RMB 23.1631 million respectively [22][23]. Group 3: Compliance and Disclosure - The disclosing party confirms that there have been no other transactions involving the shares of Liren Lizhuang outside of this report, and all necessary disclosures have been made in compliance with relevant laws and regulations [2][24]. - The report asserts that it contains no false records, misleading statements, or significant omissions, and the disclosing party assumes legal responsibility for its accuracy and completeness [2][27].

Group 1 - The core point of the report is the disclosure of equity changes by the information disclosure obligors, specifically regarding their shareholding in Meikailong [1][28] - The report indicates that Hangzhou Haoyue Enterprise Management Co., Ltd. reduced its shareholding from 9.9976% to 4.99%, thus no longer being a shareholder with over 5% equity [30][31] - The equity change was executed through a combination of centralized bidding and block trading, resulting in a total reduction of 73,010,700 A-shares and 72,311,481 H-shares [29][30] Group 2 - The purpose of the equity change is to meet the strategic development and funding needs of the information disclosure obligors [5][29] - The report confirms that there are no plans to increase or further reduce shareholdings in the next 12 months, aside from the disclosed reduction plan [6][31] - The report also states that the equity change does not affect the control structure or ongoing operations of the company [31]

Core Viewpoint - The report outlines the equity changes of Ningxia Bitai Investment Partnership (Limited Partnership) in Jiaze New Energy, detailing the reduction of shareholding due to convertible bond conversion and planned share reductions through trading methods [4][6][17]. Group 1: Equity Change Overview - As of the report date, Ningxia Bitai held 145,638,200 shares in Jiaze New Energy, representing approximately 4.9999% of the total share capital, down from 190,000,000 shares (6.52%) prior to the equity change [7][8]. - The equity change was primarily due to the passive dilution from the conversion of convertible bonds and a planned reduction of shares through centralized bidding and block trading [4][6]. Group 2: Share Reduction Plan - Ningxia Bitai plans to reduce its holdings by up to 87,379,683 shares, not exceeding 3% of the total shares as of September 30, 2025 [6]. - The company has already reduced its holdings by 26,336,200 shares from December 30, 2025, to February 9, 2026, which is 0.9042% of the total share capital [16][17]. Group 3: Share Buyback Announcement - Jiaze New Energy announced a share buyback plan using between 220 million to 440 million yuan, with a maximum price of 6.63 yuan per share, to be executed within 12 months [19]. - The first buyback occurred on February 10, 2026, with 873,200 shares repurchased at an average price of approximately 5.73 yuan per share, totaling around 4,999,097 yuan [21].

Group 1 - The core point of the announcement is that Shanghai Weisaibo New Materials Co., Ltd. has received a notice regarding the reduction of shares by its controlling shareholder, Weisaibo Environmental Materials Holdings Limited, which has decreased its shareholding from 64.93% to 63.51% [2][4] - The reduction involved the sale of 1,845,700 shares through block trading and 621,973 shares through centralized bidding from January 29, 2026, to February 10, 2026 [2] - This share reduction is part of a previously disclosed plan and does not trigger a mandatory tender offer, nor does it change the company's controlling shareholder or actual controller [2][3] Group 2 - The announcement emphasizes that the information provided by the shareholder and its concerted actions is accurate and complete, with no misleading statements or significant omissions [1] - The company assures that the current reduction plan has not been fully executed as of the date of the announcement [2] - Investors are reminded to refer to the official announcements published on the Shanghai Stock Exchange website for accurate company information [3]

Core Viewpoint - The announcement indicates a dilution of the controlling shareholder's stake in the company due to the conversion of "Feng 21 Convertible Bonds" and the repurchase of shares, resulting in a decrease from 59.64% to 58.93% by February 9, 2026 [1] Group 1 - As of February 9, 2026, the controlling shareholder, Xin Fengming Holdings, and its concerted parties will see their combined shareholding diluted from 59.64% to 58.93% [1] - During the period from October 10, 2025, to February 9, 2026, a total of 23,770,493 shares will be converted from the "Feng 21 Convertible Bonds" [1] - The total share capital of the company will increase to 1,542,931,642 shares as a result of this conversion [1] Group 2 - This equity change does not involve any change in the number of shares held, nor does it trigger a mandatory bid, and it will not lead to a change in the controlling shareholder or actual controller [1]

Core Viewpoint - The report outlines the termination of the "Joint Action Agreement" among key stakeholders of Yutai Microelectronics Co., Ltd., effective February 9, 2026, leading to a change in the company's control structure and the management of its shares [7][8][16]. Group 1: Information Disclosure Obligations - The report is prepared in accordance with relevant Chinese laws and regulations, ensuring that all necessary authorizations and approvals have been obtained [2]. - The information disclosure obligations confirm that there have been no changes in the number of shares held by the disclosing parties, as the termination of the agreement does not affect their individual shareholdings [1][14]. Group 2: Joint Action Agreement Details - The "Joint Action Agreement" was signed on November 18, 2019, among key stakeholders, establishing a unified approach to significant company decisions [7]. - The agreement was set to expire three years after the company’s successful listing, which occurred on February 10, 2023, thus concluding on February 9, 2026 [7][8]. Group 3: Changes in Management - Following the termination of the agreement, the executive partner of Suzhou Ruiqitong Enterprise Management Partnership has changed from Ouyang Yufei to Zhang Zhenzhen, who has been a core technical staff member since January 2018 [8][12]. - The report indicates that after the termination, the stakeholders will independently exercise their rights as shareholders without any coordinated action [8][10]. Group 4: Future Shareholding Plans - As of the report's signing date, there are no plans for the disclosing parties to increase or decrease their shareholdings in the company over the next 12 months [13]. - Any future changes in shareholdings will be disclosed in compliance with relevant laws and regulations [13]. Group 5: Impact on Company Control - The termination of the "Joint Action Agreement" results in the company having no actual controlling party, altering the governance structure significantly [16].

Core Viewpoint - The report outlines the equity changes of Baichuan Energy Co., Ltd. due to the reduction of shares held by its controlling shareholder, Langfang Baichuan Asset Management Co., Ltd., driven by the need for liquidity [1][4]. Group 1: Equity Change Details - The controlling shareholder, Langfang Baichuan Asset Management Co., Ltd., reduced its shareholding from 680,241,544 shares (50.73% of total shares) to 670,427,444 shares (50.00% of total shares) [6][15]. - The reduction occurred between January 30, 2026, and February 4, 2026, with a total of 9,814,100 shares sold through block trades and centralized bidding [6][15]. - The planned reduction includes a maximum of 40,225,644 shares, representing up to 3% of the total share capital, with specific limits on the methods of sale [5]. Group 2: Future Plans and Restrictions - There are no plans to increase or further reduce shareholding in the next 12 months beyond the disclosed reduction plan [5]. - The shares involved in the equity change are not subject to any pledges, seizures, or restrictions on transfer [8]. - The report confirms that the information disclosed complies with legal requirements and there are no undisclosed matters that should have been reported [9][15].

Core Viewpoint - The report details the equity change of Baichuan Energy Co., Ltd., indicating a reduction in shareholding by its controlling shareholder, Langfang Baichuan Asset Management Co., Ltd., due to funding needs [5][20]. Group 1: Equity Change Details - The controlling shareholder, Langfang Baichuan Asset Management Co., Ltd., reduced its shareholding from 680,241,544 shares (50.73% of total shares) to 670,427,444 shares (50.00% of total shares) [9][20]. - The reduction occurred between January 30, 2026, and February 4, 2026, with a total of 9,814,100 shares sold through block trades and centralized bidding [9][20]. - The planned reduction includes a maximum of 40,225,644 shares, representing up to 3% of the total share capital, with specific limits on the methods of sale [6][20]. Group 2: Shareholding Structure - The report confirms that the equity change does not involve a change in the controlling shareholder or actual controller of the company [20]. - The report also states that there are no other plans to increase or decrease shareholding in the next 12 months, aside from the disclosed reduction [8][20]. - The shareholders involved in the equity change have a unified action relationship, with the actual controller being Wang Donghai [4][20]. Group 3: Compliance and Disclosure - The report affirms that all necessary authorizations and approvals for the equity change have been obtained, and the information disclosed is complete and accurate [2][12]. - There are no restrictions on the rights of the shares involved in the equity change, and the report has been prepared in accordance with relevant laws and regulations [10][12]. - The company has committed to timely disclosure of any further changes in shareholding as required by law [20].

Core Viewpoint - The report outlines the equity change of Anhui Huashu Co., Ltd. due to a reduction in shareholding by Jianxin Financial Asset Investment Co., Ltd., which has seen its stake diluted to 5% following a stock issuance by the company and a planned share reduction through centralized bidding [1][5][17]. Group 1: Equity Change Details - Jianxin Financial Asset Investment Co., Ltd. has reduced its shareholding in Anhui Huashu from 9.62% to 5.00% due to stock issuance and share reduction activities [8][17]. - The reduction in shareholding was a result of a stock issuance on June 6, 2025, which added 87,336,244 shares, leading to a passive dilution of 0.14% for Jianxin [8][17]. - The total number of shares held by Jianxin Financial Asset Investment Co., Ltd. is now 179,736,935 shares, with no other rights restrictions on these shares [10]. Group 2: Future Shareholding Plans - Jianxin Financial Asset Investment Co., Ltd. plans to reduce its holdings by up to 35,947,380 shares, which is not more than 1% of the total share capital, within a specified period from January 12, 2026, to April 11, 2026 [6][17]. - As of the report date, Jianxin has not completed the aforementioned reduction plan and intends to continue reducing its holdings in the next 12 months [6][17]. Group 3: Compliance and Disclosure - The report confirms that Jianxin Financial Asset Investment Co., Ltd. has complied with all necessary legal and regulatory requirements for the disclosure of equity changes [1][12]. - The company has assured that the report does not contain any false records, misleading statements, or significant omissions, and it bears legal responsibility for the accuracy and completeness of the information [2][15].