Changes in Major Shareholders of GUIXIN GROUP
GUIXIN GROUP announced that Yunhong Group holds 10% of the company's shares, with 70% equity held by LF INTERNATIONAL PTE. LTD., ultimately fully owned by Chairman Li Yubao. Mr. Li is regarded as the sole equity holder of LFB and Yunhong. On September 10, 2025, LFS will transfer its 30% equity in Yunhong to Zhongqingbao, which will become the major shareholder. Mr. Li's equity remains unchanged, continuing as the largest shareholder of the company
According to the announcement from Zhitong Finance APP, GUIXIN GROUP (08349) announced that as of the date of this announcement, Yunhong Group Co., Ltd. holds 40 million shares of the company, accounting for 10.00% of the company's issued share capital. Yunhong is 70.00% owned by LF INTERNATIONAL PTE. LTD., which is ultimately wholly owned by Mr. Li Yubao, the chairman of the company's board. As of the date of this announcement, LF INTERNATIONAL PTE. LTD. holds 123 million shares, accounting for approximately 30.65% of the company's issued share capital. Therefore, Yunhong and LFB together hold 163 million shares, accounting for approximately 40.65% of the company's issued share capital. For the purposes of the Securities and Futures Ordinance, Mr. Li is deemed to own all the equity interests held by LFB and Yunhong.
After the trading session on September 10, 2025, the board was informed by Mr. Li that LFS has transferred its 30.00% interest in Yunhong to an independent third party, Zhongqing Baoshang Group Co., Ltd. In addition, Zhongqing Baoshang will hold a 40.00% interest in Yunhong on behalf of LFS.
Upon completion of the transfer, for the purposes of the Securities and Futures Ordinance, Zhongqing Baoshang will be deemed to own all the shares held in Yunhong and will become the company's major shareholder. LFS will continue to hold more than one-third of the voting rights in Yunhong. Therefore, for the purposes of the Securities and Futures Ordinance, Mr. Li is still deemed to own all the equity interests held by LFB and Yunhong. Thus, Mr. Li's equity in the company remains unchanged, and he continues to be the single largest shareholder of the company
