Junting Hotel (301073.SZ): The actual controller was changed to the Hubei Provincial State-owned Assets Administration Commission to resume trading on December 3

According to Zhitong Finance App, Junting Hotel (301073.SZ) announced that on December 2, 2025, Hubei Culture and Tourism Group Co., Ltd. (hereinafter referred to as “Hubei Cultural Tourism”) signed a “Share Transfer Agreement” with Wu Qiyuan, Congbo, and Shi Chening. Hubei Cultural Tourism plans to transfer 583.59 million shares of the company directly owned by Wu Qiyuan, Congbo, and Shi Chening through an agreed transfer agreement (29.99% of the total number of shares of the listed company). The transfer price is 2,571 yuan per share, with a total price of 1,49,99,99 yuan.

From the date the transfer registration was completed, Wu Qiyuan, the controlling shareholder and actual controller of the listed company, irrevocably relinquished the voting rights corresponding to the remaining 19.4451 million untransferred shares of the listed company (10.00% of the total number of shares of the listed company), irrevocably or without any restrictions. Hubei Cultural Tourism issued an irrevocable partial offer to all shareholders of the listed company other than itself (hereinafter referred to as “this offer”). The number of shares of the listed company was 11.6865 million shares (6.01% of the total number of shares of the listed company), and the offer purchase price was RMB 25.71 per share.

After the transaction is completed, Hubei Cultural Tourism will own 36.00% of the listed company's shares and voting rights corresponding to such shares (the shareholding situation is calculated based on the maximum amount of the offer and the maximum amount of promised pre-offer agreed in the “Share Transfer Agreement”; the actual situation is subject to the final offer results). Wu Qiyuan and his co-actor Ding He collectively own 19.51% of the listed company's shares and voting rights corresponding to such shares (after the takeover is completed, the voting rights that Wu Qiyuan relinquished were restored.) The controlling shareholder of the listed company was changed to Hubei Cultural Tourism, and the actual controller was changed to the Hubei Provincial People's Government's State-owned Assets Supervision and Administration Commission (hereinafter referred to as the “Hubei Provincial State-owned Assets Administration Commission”).

Following the company's application to the Shenzhen Stock Exchange, trading of the company's shares resumed from the opening of the market on the morning of December 3, 2025 (Wednesday).