Zhongxing Shenyang Commercial Building Group Co.Ltd(000715) controlling shareholder intends to transfer 23% shares of the company by agreement

Zhongxing Shenyang Commercial Building Group Co.Ltd(000715) announced that the controlling shareholder China Fangda Group Co.Ltd(000055) of the company signed the share transfer agreement with Fang Mingxian and Fang Pengxiang respectively on May 18, 2022 to transfer 54043462 shares of the company (accounting for 13.00% of the total share capital of the company) to Fang Mingxian at the price of 5.30 yuan / share; Transfer 41571894 shares of the company (accounting for 10.00% of the total share capital of the company) to Fang Pengxiang at the price of 5.30 yuan / share.

Prior to this share transfer, China Fangda Group Co.Ltd(000055) held 159366925 shares of the company, accounting for 38.34% of the total share capital of the company. Together with the party acting in concert, Fang Wei held 163108315 shares of the company, accounting for 39.24% of the total share capital of the company. After the completion of this share transfer, China Fangda Group Co.Ltd(000055) holds 63751569 shares of the company, accounting for 15.34% of the total share capital of the company. Fang Mingxian and Fang Pengxiang are immediate relatives of Fang Wei, the actual controller of the company. According to relevant regulations, China Fangda Group Co.Ltd(000055) , Fang Wei, Fang Mingxian and Fang Pengxiang are persons acting in concert and still hold 163108315 shares of the company, accounting for 39.24% of the total share capital of the company. This share transfer agreement will not lead to changes in the controlling shareholder and actual controller of the company.

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