Zhitong Finance App News, Chenan Technology (300523.SZ) announced that the company and Hefei SDIC signed a “share subscription contract with entry into force conditions” on December 2, 2025. The company plans to issue no more than 69.913 million shares (including the number of shares) to Hefei by issuing shares to specific targets, no more than 30% of the company's total share capital before this issuance to specific targets. After the issuance is completed, Hefei SDIC's shareholding ratio is 28.85%. It will become the company's controlling shareholder, and the Hefei Municipal People's Government's State-owned Assets Supervision and Administration Committee (hereinafter referred to as “Hefei Municipal State-owned Assets Administration Commission”) will become the actual controller of the company.

Zhitong Finance App News, Chenan Technology (300523.SZ) announced that the company and Hefei SDIC signed a “share subscription contract with entry into force conditions” on December 2, 2025. The company plans to issue no more than 69.913 million shares (including the number of shares) to Hefei by issuing shares to specific targets, no more than 30% of the company's total share capital before this issuance to specific targets. After the issuance is completed, Hefei SDIC's shareholding ratio is 28.85%. It will become the company's controlling shareholder, and the Hefei Municipal People's Government's State-owned Assets Supervision and Administration Committee (hereinafter referred to as “Hefei Municipal State-owned Assets Administration Commission”) will become the actual controller of the company.