Jihua Group announced that the company previously disclosed that the controlling shareholder Hangzhou Jinhui and shareholder Shao Hui intend to transfer the company's shares to Tonglu Junheng by agreement, leading to a change in control. On September 2, 2026, Global New Materials, the parent company of Tonglu Junheng, held a special shareholders' meeting. The relevant proposals were passed by 100% of independent shareholders, and the internal approval process for Global New Materials was completed.

Jihua Group announced that the company previously disclosed that the controlling shareholder Hangzhou Jinhui and shareholder Shao Hui intend to transfer the company's shares to Tonglu Junheng by agreement, leading to a change in control. On September 2, 2026, Global New Materials, the parent company of Tonglu Junheng, held a special shareholders' meeting. The relevant proposals were passed by 100% of independent shareholders, and the internal approval process for Global New Materials was completed.