GS: Suhao Holdings becomes the controlling shareholder

GS announced that Hongdou Group has completed the transfer of its 24.50% stake in the company to Suhao Holdings, and the share transfer registration procedures have been completed. The pledged, judicially frozen, and judicially marked shares of Hongdou Group will not have a significant impact on the company's production and operation or corporate governance. Hongdou Group has pledged a total of 672 million shares, accounting for 42.26% of the company's total share capital. The total number of shares that Hongdou Group and its concerted actors have been judicially marked and frozen is 36.9807 million shares and 12.2571 million shares, respectively, accounting for 16.04% of their held shares and 3.10% of the company's total share capital