HIT: Ruicheng Fund plans to acquire 25% of the shares

HIT announced that on June 10, 2025, Hefei Ruicheng Private Fund Management Co., Ltd. signed a "Share Transfer Agreement" with the company's actual controller and its concerted actors, as well as shareholders holding more than 5% of the shares. Ruicheng Fund intends to acquire a total of 59.16 million shares held by Hong Dacheng, Xing Zheng, Wang Jing, and Zhang Shujiang, accounting for 25.00% of the total shares of the company. At the same time, Zhang Shujiang signed a "Voting Rights Waiver Agreement" with Hefei Ruicheng, intending to waive the voting rights corresponding to the remaining 17.8609 million shares he holds in the company. After this equity change is completed, Ruicheng Fund will acquire 59.16 million shares and corresponding voting rights, and the company's actual controller will change from XING XIUQING and Xing Zheng to no actual controller