Kehua Holdings announced that on January 8, 2026, Lu Hongping, the controlling shareholder and actual controller of the company, and Chen Hongmin and his co-actors signed a “Share Transfer Agreement”. Chen Hongmin and his co-actors transferred their total holdings of 9.7661 million tradable shares of the company with unlimited sales conditions to Lu Hongping. The transfer price was 18.93 yuan/share, and the transfer price was 185 million yuan. The transfer of this agreement still needs to pass the Shanghai Stock Exchange compliance review and go through the transfer procedure at the Shanghai Branch of China Securities Registration and Settlement Co., Ltd.

Kehua Holdings announced that on January 8, 2026, Lu Hongping, the controlling shareholder and actual controller of the company, and Chen Hongmin and his co-actors signed a “Share Transfer Agreement”. Chen Hongmin and his co-actors transferred their total holdings of 9.7661 million tradable shares of the company with unlimited sales conditions to Lu Hongping. The transfer price was 18.93 yuan/share, and the transfer price was 185 million yuan. The transfer of this agreement still needs to pass the Shanghai Stock Exchange compliance review and go through the transfer procedure at the Shanghai Branch of China Securities Registration and Settlement Co., Ltd.