Lummy: The equity structure of the indirect controlling shareholder is expected to change

Lummy announced that recently, the company's controlling shareholder, Zhongheng Group, received a notice from its indirect controlling shareholder, Guangtou Group, informing that there will be a change in Guangtou Group's equity structure. Guangtou Group received a notice from the Guangxi State-owned Assets Supervision and Administration Commission, proposing to transfer 33% of Guangtou Group's equity held by the Guangxi State-owned Assets Supervision and Administration Commission to Guangxi Guokong Group without compensation. After this transfer is completed, the company's controlling shareholder will still be Zhongheng Group, and the actual controller will still be the Guangxi State-owned Assets Supervision and Administration Commission. Guangxi Guokong Group will become a shareholder of Guangtou Group, holding 33% of Guangtou Group's equity, while the Guangxi State-owned Assets Supervision and Administration Commission will remain the controlling shareholder of Guangtou Group, holding 67% of its equity. This change in equity structure is an integration of the equity structure of the company's indirect controlling shareholder by the Guangxi State-owned Assets Supervision and Administration Commission and will not have a substantial impact on the company's operations and production activities