Chenfeng Technology: Shareholder Hong Kong Jifei plans to transfer 5.98% of shares through an agreement to Leng Wenlong

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Chenfeng Technology announced that a shareholder holding more than 5%, Hong Kong Jifei Industrial Co., Ltd., plans to transfer 15 million unrestricted circulating shares (accounting for 5.98% of the company’s total share capital) through an agreement to Mr. Leng Wenlong. Before this transfer, Hong Kong Jifei and its concerted action partner Wei Yiji held a total of 45.8694 million unrestricted circulating shares, accounting for 18.28% of the company’s total share capital; the transferee holds 1.68 million shares, accounting for 0.67%. After this agreement transfer, the transferor and its concerted action partner will hold a total of 30.8694 million unrestricted circulating shares, accounting for 12.30% of the company’s total share capital. Mr. Leng Wenlong, the transferee, holds 16.68 million shares, accounting for 6.65%.

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