Guizhou Financial Holdings Acquires 5% of Huachuang Yunxin, Becomes Largest Shareholder with 13.11%

After the market close on August 25, Huachuang Yunxin announced that Guizhou Financial Holdings Group Co. , Ltd. acquired 5% of the company's shares, totaling 111 million shares, from Guizhou provincial state-owned enterprises including Moutai Group through block trades. On the same day, Guizhou Financial Holdings signed a Concert Party Agreement with Logistics Group and Panjiang Co. , agreeing to establish a concert party relationship with Guizhou Financial Holdings as the lead party to stabilize the company's governance structure and unify decision-making positions on major matters. After this change in equity, Guizhou Financial Holdings and its concert parties collectively hold 290 million shares, representing 13.11% of the company's total share capital, becoming the largest shareholder. Among them, Logistics Group holds 108 million shares, accounting for 4.88%; Panjiang Co. holds 72 million shares, accounting for 3.23%.

The announcement shows that this equity change is an increase in holdings and does not trigger a mandatory takeover offer. The funds used by Guizhou Financial Holdings for this equity change are all from its own funds or self-raised funds, with no direct or indirect funding from the company or its related parties. As of the announcement disclosure date, Huachuang Yunxin still has no controlling shareholder and no actual controller. The announcement explains that after this equity change, the company's largest shareholder, Guizhou Financial Holdings and its concert parties, collectively hold 13.11%, while the second largest shareholder (including concert parties) collectively holds 12.18%, with a relatively small gap in shareholding ratios. At the same time, the company's board of directors currently consists of 9 directors, of which 6 are non-independent directors, and Guizhou Financial Holdings and its concert parties have not nominated any directors. Considering the shareholding structure and the actual composition of the board, the company does not have a controlling shareholder holding more than 50% of shares or an investor who can actually control more than 30% of the voting rights of the listed company's shares.

The announcement states that in the first half of 2026, the capital market continued to maintain a good development trend. The company deeply promoted digital and intelligent transformation, accelerated the reconstruction of the business collaboration ecosystem, and its subsidiary Huachuang Securities saw significant growth in income from proprietary trading, credit, brokerage and other businesses, driving the company's overall revenue and profitability to improve. The company also reminded that the performance forecast data is only preliminary accounting data, and the specific accurate financial data shall be subject to the company's officially disclosed 2026 semi-annual report.