Hubei Yizhi Konjac Multiple Shareholders Plan to Reduce Holdings; Actual Controller and Concerted Action Person Plan to Reduce Combined Holdings of No More Than 1,337,700 Shares

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Hubei Yizhi Konjac Biotechnology Co., Ltd. (hereinafter referred to as “the Company”) announced on March 16, 2026, a pre-disclosure of shareholder share reduction plans. Several shareholders plan to reduce their holdings within the next three months through centralized bidding or block trades, including the actual controller’s concerted actors, who collectively intend to reduce no more than 1,333,700 shares, accounting for 1.29% of the company’s total share capital.

Reduction Subjects and Shareholding Information

The announcement shows that the shareholders planning to reduce holdings include the concerted actors of the actual controller and several directors and senior management personnel of the Company. The specific shareholding details are as follows:

Shareholder Name Shareholder Identity Shares Held Shareholding Percentage Source of Shares
Changyang Zhongzhi Cheng Investment Management Services Partnership (Limited Partnership) Actual controller’s concerted actor, shareholder with over 5% 10,472,000 10.1502% Acquired before listing on Beijing Stock Exchange (including rights distribution and share increase)
Changyang Yizhi Gengying Investment Management Services Partnership (Limited Partnership) Actual controller’s concerted actor 1,685,600 1.6338% Acquired before listing on Beijing Stock Exchange (including rights distribution and share increase)
Gou Chunpeng Director, senior management 866,600 0.8400% Acquired before listing on Beijing Stock Exchange and through participation in the company’s equity incentive plan (including rights distribution and share increase)
Tang Hualin Senior management 739,480 0.7168% Acquired before listing on Beijing Stock Exchange and through participation in the company’s equity incentive plan (including rights distribution and share increase)
Li Xia Senior management 410,760 0.3981% Acquired before listing on Beijing Stock Exchange and through participation in the company’s equity incentive plan (including rights distribution and share increase)
Huang Chaoseng Senior management 348,880 0.3382% Acquired before listing on Beijing Stock Exchange and through participation in the company’s equity incentive plan (including rights distribution and share increase)
Chen Xiaomei Senior management 68,180 0.0661% Acquired after listing through the equity incentive plan (including rights distribution and share increase)
Tang Yan Director 9,800 0.0095% Acquired before listing on Beijing Stock Exchange (including rights distribution and share increase)

Specific Details of the Reduction Plan

The detailed arrangements for each shareholder’s reduction plan are as follows:

Shareholder Name Proposed Reduction Quantity Proportion of Total Share Capital Reduction Method Reduction Period Price Range Source of Shares Reason for Reduction
Changyang Zhongzhi Cheng Investment Management Services Partnership (Limited Partnership) Not more than 1,148,800 shares 1.11% Centralized bidding or block trade Within 3 months after 30 trading days from the announcement Not less than the issuance price, determined by market price Acquired before listing on Beijing Stock Exchange (including rights distribution and share increase) Personal funding needs
Changyang Yizhi Gengying Investment Management Services Partnership (Limited Partnership) Not more than 184,900 shares 0.1792% Centralized bidding or block trade Within 3 months after 30 trading days from the announcement Not less than the issuance price, determined by market price Acquired before listing on Beijing Stock Exchange (including rights distribution and share increase) Personal funding needs
Gou Chunpeng Not more than 216,650 shares 0.2100% Centralized bidding or block trade Within 3 months after 15 trading days from the announcement Not less than the issuance price, determined by market price Acquired before listing on Beijing Stock Exchange and through participation in the company’s equity incentive plan (including rights distribution and share increase) Personal funding needs
Peng Pai Not more than 118,650 shares 0.1150% Centralized bidding or block trade Within 3 months after 15 trading days from the announcement Not less than the issuance price, determined by market price Acquired before listing on Beijing Stock Exchange and through participation in the company’s equity incentive plan (including rights distribution and share increase) Personal funding needs
Li Xia Not more than 102,690 shares 0.0995% Centralized bidding or block trade Within 3 months after 15 trading days from the announcement Not less than the issuance price, determined by market price Acquired before listing on Beijing Stock Exchange and through participation in the company’s equity incentive plan (including rights distribution and share increase) Personal funding needs
Huang Chaoseng Not more than 87,220 shares 0.0845% Centralized bidding or block trade Within 3 months after 15 trading days from the announcement Not less than the issuance price, determined by market price Acquired before listing on Beijing Stock Exchange and through participation in the company’s equity incentive plan (including rights distribution and share increase) Personal funding needs
Chen Xiaomei Not more than 17,045 shares 0.0165% Centralized bidding or block trade Within 3 months after 15 trading days from the announcement Not less than the issuance price, determined by market price Acquired after listing through the equity incentive plan (including rights distribution and share increase) Personal funding needs
Tang Yan Not more than 2,450 shares 0.0024% Centralized bidding or block trade Within 3 months after 15 trading days from the announcement Not less than the issuance price, determined by market price Acquired before listing on Beijing Stock Exchange (including rights distribution and share increase) Personal funding needs

Compliance and Risk Reminder for the Reduction

The announcement states that this reduction plan complies with the “Company Law,” “Securities Law,” and the “Stock Listing Rules of Beijing Stock Exchange,” among other relevant regulations. As the actual controller’s concerted actors, Changyang Zhongzhi Cheng and Changyang Yizhi Gengying, have made commitments in the company’s IPO prospectus, their reduction actions are consistent with those commitments and do not violate any promises. The company’s actual controller and controlling shareholder have promised not to reduce shares through the aforementioned partnership platforms, and the indirect shareholding reduction by directors and supervisors will not exceed 25% of their indirect holdings.

It is important to note that if the reduction is carried out via block trades, the transferees are not allowed to reduce their shares within six months after the transfer. The company also reminds investors that this reduction plan involves uncertainties; shareholders will decide whether to implement it based on market conditions, stock prices, and other factors. The timing, quantity, and price of the reduction are uncertain but will not lead to a change in the company’s control.

Investors are advised to view shareholder reduction behaviors rationally, pay attention to related risks, and make cautious investment decisions.

Disclaimer: The market involves risks; investment should be cautious. This article is automatically published by an AI model based on third-party databases and does not represent Sina Finance’s views. All information herein is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for accuracy. For questions, contact biz@staff.sina.com.cn.

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