# *ST Tianyu: Major Shareholder Zhongyin Group Unfreezes Nearly 95% of Shares; 1.227 Million Shares Subjected to Successive Freezing

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Wuhan Tianyu Information Industry Co., Ltd. (Stock abbreviation: *ST Tianyu (Rights Protection), Stock code: 300205) announced on March 12 that the company’s shareholder藏中茵集团有限公司 (referred to as “Zhongyin Group”) with over 5% stake recently completed partial share unfreezing, and some of its shares subject to freeze have officially taken effect. This equity change involves 11.75% of the company’s total share capital, raising market concerns about shareholder rights stability.

According to the announcement, Zhongyin Group’s shares released from freeze are divided into two parts, totaling 49.2767 million shares, accounting for 94.50% of its total holdings and 11.46% of *ST Tianyu’s total share capital. Among them, 42.9567 million shares were frozen on November 8, 2024, and 6.32 million shares on November 26, 2024. Both were unfrozen on March 10, 2026.

Shareholder Name Is Controlling Shareholder or Concerted Action Shares Unfrozen This Time (Shares) Shareholding Ratio Shareholding in Company (%) Freeze Start Date Unfreeze Date
Tibet Zhongyin Group Co., Ltd. No 42,956,656 82.38% 9.99% 2024-11-08 2026-03-10
6,320,000 12.12% 1.47% 2024-11-26 2026-03-10
Total 49,276,656 94.50% 11.46% - -

At the same time as the freeze was lifted, 1.226994 million shares held by Zhongyin Group were placed under a waiting freeze by Huizhou Huicheng District People’s Court, which took effect on March 10, 2026. This accounts for 2.35% of its holdings and 0.29% of the company’s total share capital. The announcement clarifies that this portion of shares is freely tradable.

Shareholder Name Is Controlling Shareholder or Concerted Action Shares Frozen This Time (Shares) Shareholding Ratio Shareholding in Company (%) Is Restricted Stock Freeze Start Date (Waiting Freeze Effective Date) Freeze Executor Remarks
Tibet Zhongyin Group Co., Ltd. No 1,226,994 2.35% 0.29% No 2026-03-10 Huizhou Huicheng District People’s Court Waiting freeze effective

As of the disclosure date, Zhongyin Group held 52.14 million shares of *ST Tianyu, accounting for 12.13% of the company’s total share capital. Regarding share freezing, aside from the newly added 1.227 million shares under waiting freeze, it has no other frozen shares; in terms of share pledge, Zhongyin Group still has 42.9567 million shares pledged, representing 82.38% of its holdings and 9.99% of the total share capital. Among the unpledged shares, 1.227 million shares have been under waiting freeze, accounting for 13.35% of the unpledged shares.

*ST Tianyu stated that the recent share unfreezing and waiting freeze will not have a direct impact on the company’s daily operations nor cause changes in the controlling shareholder or actual controller. The company will continue to monitor the relevant shareholder’s share changes and fulfill information disclosure obligations in a timely manner.

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