Shanghai DaZhong Public Utilities Group Co Ltd

Dazhong Public Utilities announced that its controlling shareholder, Dazhong Enterprise Management, released the pledge on 62 million A-shares on August 7, 2026, accounting for 11.52% of its holdings and 2.10% of the company's total share capital. At the same time, it pledged 40 million A-shares, representing 7.43% of its holdings and 1.35% of the company's total share capital. As of the announcement date, Dazhong Enterprise Management had a cumulative pledged share count of 206 million shares, accounting for 38.27% of its total holdings. In the first quarter of 2026, Dazhong Public Utilities achieved revenue of 2.108 billion yuan and a net profit attributable to the parent company of 50.83 million yuan.

Dazhong Public Utilities announced the termination of its investment in Wuxi Lvyao Venture Capital Partnership, a limited partnership, because the fund was unable to achieve the agreed investment objectives, triggering dissolution clauses. The company had originally planned to subscribe 150 million yuan as a limited partner, co-establishing Wuxi Lvyao with Dazhong Transportation and Beijing Lvdong. The proposal was approved on July 29, 2026. As of now, Wuxi Lvyao has completed business registration but has not yet completed the fund filing process and has not made any actual investments. In the first quarter of 2026, Dazhong Public Utilities achieved revenue of 2.108 billion yuan and net profit attributable to the parent company of 50.83 million yuan.