Zhitong Finance App News, Shantao Holdings (00412.HK) announced that on May 13, 2026, the seller (each is a wholly-owned subsidiary of the company) and the buyer PJ Millennium Limited Partnership (joint and individual benchmarks) entered into a share purchase agreement with other parties. The seller has agreed to sell and the buyer has agreed to buy the target company's sales shares of Century Link (that is, 650 million Class A common shares of the target company as of the date of this announcement). The cost was $942 million in related matters. Shareholders approved the share purchase agreement and the transactions to be carried out under the share purchase agreement on July 15, 2026. The completion conditions under the share purchase agreement have been met and remain in place, and the completion of Choice Faith occurred on August 24, 2026.

Zhitong Finance App News, Shantao Holdings (00412.HK) announced that on May 13, 2026, the seller (each is a wholly-owned subsidiary of the company) and the buyer PJ Millennium Limited Partnership (joint and individual benchmarks) entered into a share purchase agreement with other parties. The seller has agreed to sell and the buyer has agreed to buy the target company's sales shares of Century Link (that is, 650 million Class A common shares of the target company as of the date of this announcement). The cost was $942 million in related matters. Shareholders approved the share purchase agreement and the transactions to be carried out under the share purchase agreement on July 15, 2026. The completion conditions under the share purchase agreement have been met and remain in place, and the completion of Choice Faith occurred on August 24, 2026.