Stock Code: 603577 Short Form of Stock: Huijintong Announcement No.: 2020-046 Qingdao Huijintong Power Equipment Co.,Ltd.
Ms. Liu Yanhua, the controlling shareholder and actual controller of the company, transferred 43240235 shares (accounting for 14.99999991% of the total shares of the company) to Hebei Jinxi iron and Steel Group Co., Ltd. (hereinafter referred to as "Jinxi Group"), and promised to irrevocably give up the voting rights corresponding to 25597765 shares (8.88% of the total shares of the company) held by her. The transfer registration of the shares transferred by the above agreement has been completed on July 16, 2020.
After the completion of the share transfer, the company's controlling shareholder and actual controller was changed, the company's controlling shareholder was changed from Liu Feng and Liu Yanhua to Jinxi Group, and the company's actual controller was changed from Liu Feng and Liu Yanhua to Mr. Han Jingyuan.

