*ST Zhongrun (000506.SZ)'s controlling shareholder will be changed to Zhaojin Ruining to resume trading on October 15

Zhitong Finance App News, *ST Zhongrun (000506.SZ) announced that on October 13, 2024, Ran Shengyuan and his co-actors, Ningbo Meishan Bonded Port Area Ransheng Shengchang Investment Management Partnership (“Ran Sheng Shengchang”), Hangzhou Huicheng No.1 Investment Partnership (limited partnership) (“Hangzhou Huicheng”) and Shandong Zhaojin Ruining Mining Co., Ltd. (“Zhaojin Ruining”) signed the “Share Transfer Agreement on Zhongrun Resources Investment”. Zhaojin Ruining will acquire 186 million shares of Zhongrun Resources held by Ran Sheng Shengyuan, Ran Sheng Shengchang, and Hangzhou Huicheng and all corresponding shareholders' rights in accordance with the terms and conditions agreed in the “Share Transfer Agreement”. After the share transfer is completed, Zhaojin Ruining will hold 186 million shares of Zhongrun Resources, accounting for 20.00% of the total number of shares issued by Zhongrun Resources.

Furthermore, Ran Shengyuan and Zhaojin Ruining signed the “Voting Rights Waiver Agreement for Zhongrun Resources Investment Co., Ltd.”. Ran Shengyuan voluntarily relinquished all voting rights represented by the remaining 93.6473 million shares of Zhongrun Resources (10.08% of the total number of Zhongrun Resources shares) after the settlement of the “Share Transfer Agreement” was completed.

After the relevant matters were completed, the controlling shareholder of the company was changed to Zhaojin Ruining, and the actual controller was changed to Zhaoyuan Municipal People's Government. Trading of the company's shares has resumed since the opening of the market on October 15, 2024 (Tuesday).