Core Viewpoint - The company Zhejiang Jingu Co., Ltd. announced a non-trading transfer of shares by its controlling shareholders to repay stock pledge financing debts, which will not affect the company's control structure or operations [3][4][18]. Group 1: Share Transfer Details - Controlling shareholders Sun Jinguo and Sun Liqiong signed a share pledge disposal agreement with Hangzhou Stable Development Fund on September 25, 2025, transferring a total of 31,850,191 shares at a price of 10.659 CNY per share [3][4][13]. - Sun Jinguo transferred 11,282,636 shares (1.13% of total shares), while Sun Liqiong transferred 20,567,555 shares (2.07% of total shares) [3][4]. - After the transfer, Sun Jinguo will hold 39,824,825 shares (4.00% of total shares), and Sun Liqiong will no longer hold any shares [3][4]. Group 2: Financial Implications - The total amount for the share transfer is aimed at repaying a debt of approximately 527.17 million CNY owed by a third party, with the transferred shares valued at 339.49 million CNY [9][12][13]. - The transfer is part of a strategy to reduce debt and mitigate pledge risks for the controlling shareholders [18]. Group 3: Regulatory Compliance - The transaction complies with relevant laws and regulations, including the Company Law and Securities Law, and does not violate any existing commitments [18]. - The acquiring fund is prohibited from reducing its holdings within six months following the transfer [4][18]. Group 4: Company Governance - The share transfer will not lead to a change in the controlling shareholders or the governance structure of the company [4][18]. - The company will continue to monitor the share transfer process and ensure compliance with legal requirements [19].