The main shareholder of China Shuta (08623) changed hands: the former majority shareholder transferred 25% of the shares, and Executive Director Luo Qian became the new major shareholder

According to Zhitong Finance App, China's Shuta (08623) issued an announcement. Red Fly Investment Limited (seller), the main shareholder of the Company, notified the Company on December 30, 2025 (after the trading period) that it had sold a total of 46.79 million shares of the Company to Lockxy Investment Limited (buyer), a limited company incorporated in the British Virgin Islands, accounting for about 25.00% of the issued shares on the date of this announcement.

The buyer was an investment holding company wholly owned by Ms. Rosie. As of the date of this announcement, Ms. Luo is an executive director of the Company.

Following the completion of the transfer, the seller held the remaining 5.902 million shares, accounting for about 3.15% of the issued shares, and is no longer the main shareholder of the Company; and the buyer and Ms. Luo held 479.585 million shares, accounting for about 25.62% of the issued shares on the date of this announcement, and has become the main shareholders of the Company.