ST Changyuan: Shareholder Wu Qiquan's 106 million shares are temporarily frozen

Gelonghui April 7 | ST Changyuan announced that the company recently learned that the shares held by Wu Qiquan, a shareholder holding more than 5%, have been subject to a waiting freeze. As of the disclosure date, Wu Qiquan held 106 million shares of the company, accounting for 8.02% of the total share capital. On December 29, 2025, his 106 million shares were judicially frozen, accounting for 100%; on April 3, 2026, 106 million shares were subject to a waiting freeze, accounting for 100%, representing 8.02% of the company’s total share capital. Wu Qiquan is a non-controlling shareholder and actual controller, not holding a position in the company, and the waiting freeze of shares has no direct impact on the company’s production and operation.