Shanghai Industrial Holdings Ltd. (SIHL) has announced the completion of an internal reorganization, as disclosed in a voluntary announcement. Following the reorganization, Golden Bell now holds the entire issued shares of SIIC, the immediate controlling shareholder of SIHL. As a result, Golden Bell indirectly controls approximately 63.16% of SIHL, as well as majority stakes in Shanghai Industrial Urban Development Group Limited and SIIC Environment Holdings Ltd. Despite the changes in shareholding structure, ultimate control remains with the Shanghai Government. The Executive has granted a waiver from the general offer requirement under the Takeovers Code due to this reorganization. SIHL has advised shareholders and investors to exercise caution when dealing in its securities.

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. SIHL - Shanghai Industrial Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251230-11970336), on December 30, 2025, and is solely responsible for the information contained therein.