Tongdahai announced that the company previously disclosed that 630,000 unlimited-sale tradable shares held by shareholder Xin Chenghai, who holds 5% or more of the shares, will be judicially enforced. As of November 3, 2026, 5241,000 shares in the Xinwu District People's Court of Wuxi City, Jiangsu Province had been forcibly sold by the People's Court of Xinwu District, Wuxi City, Jiangsu Province, through centralized bidding transactions; the number of shares held was reduced from 8.697 million shares to 7.5456 million shares, and the shareholding ratio dropped from 8.35% to 7.81%, hitting an integer multiple of 1%. This judicial enforcement has yet to be implemented.

Zhitongcaijing · 2d ago
Tongdahai announced that the company previously disclosed that 630,000 unlimited-sale tradable shares held by shareholder Xin Chenghai, who holds 5% or more of the shares, will be judicially enforced. As of November 3, 2026, 5241,000 shares in the Xinwu District People's Court of Wuxi City, Jiangsu Province had been forcibly sold by the People's Court of Xinwu District, Wuxi City, Jiangsu Province, through centralized bidding transactions; the number of shares held was reduced from 8.697 million shares to 7.5456 million shares, and the shareholding ratio dropped from 8.35% to 7.81%, hitting an integer multiple of 1%. This judicial enforcement has yet to be implemented.