Grandshores Technology controlling shareholder’s beneficial ownership holds 30.56% stake via Morgan Hill

• Grandshores controlling shareholder vehicle Great Scenery plans to shift beneficial ownership to Yao Zeqian from 50% to 99.5%.
• Chairman Yao Yongjie would retain a 0.5% interest in Great Scenery under the proposed share allotment.
• Great Scenery controls 51% of Morgan Hill, which holds 365,175,000 shares, about 30.56% of the company.
• The transaction would not change Morgan Hill’s stake or the number of shares it holds.
• Announcement dated Aug. 25, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grandshores Technology Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260825-12298178), on August 25, 2026, and is solely responsible for the information contained therein.