Qinshang Shares (002638.SZ): Major Shareholder’s Stock Purchase Plan Completed

Gelonghui, May 13th ─ Qingshang Co., Ltd. (002638.SZ) announced that it had received a notification letter titled 'Completion of the Implementation of the Shareholding Increase Plan' issued by its controlling shareholder, Jingtengda. The company’s controlling shareholder, Dongguan Jingtengda Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as 'Jingtengda'), has cumulatively increased its stake in the company by 10,067,600 shares (accounting for 0.71% of the total share capital after excluding the shares held in the company's repurchase dedicated account) through centralized bidding on the Shenzhen Stock Exchange. Additionally, Jingtengda acquired 88,183,421 shares previously held directly by the original actual controller, Mr. Li Xuliang, through the JD.com online judicial auction platform.

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