Fujian Aonong Biotechnology Group Co., Ltd.’s indicative announcement that changes in the equity of shareholders holding more than 5% of the shares touch the 1% mark
Securities code: 603363 Securities abbreviation: Aonong Biotechnology Announcement number: 2026-035
Fujian Aonong Biotechnology Group Co., Ltd.’s indicative announcement regarding changes in the equity of shareholders holding more than 5% of the shares touching the 1% mark
Zhangzhou Aonong Investment Co., Ltd., Mr. Wu Youlin, Zhangzhou Xiangcheng Bairui Investment Partnership (Limited Partnership) and their concerted parties, Mr. Wu Youcai, Mr. Fu Xinfeng, Mr. Zhang Mingliang and Mr. Guo Qinghui, guarantee that the information provided to the company is true, accurate and complete, and that there are no false records, misleading statements or major omissions.
The company's board of directors and all directors guarantee that the content of the announcement is consistent with the information provided by the information disclosure obligor.
Important content reminder:
Direction of change in equity Proportion increase□ Proportion decrease
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Total ratio before changes in equity 12.92%
Total ratio after changes in equity 11.82%
Does this change violate the promise made?
Yes □ No
promise, intention, plan ☑
Whether the mandatory tender offer obligation is triggered? Yes□ No
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1. Basic information of information disclosure obligors and persons acting in concert
- Identity Category
□Controlling shareholders/actual controllers and their persons acting in concert Other major shareholders with more than 5% and their persons acting in concert
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Identity of investors and their persons acting in concert: The largest shareholder and its persons acting in concert (only applicable to those without controlling shareholders or actual controllers)
□Other______________ (please specify)
- Information of information disclosure obligor
Name of person with information disclosure obligation Investor identity Unified social credit code □ Controlling shareholder/actual controller
□ Consistency of controlling shareholder/actual controller
Zhangzhou Aonong Investment Co., Ltd. 91350200303083149L Action Person ☑
Division
□ Not applicable
Other direct shareholders
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□ Controlling shareholder/actual controller
□ Consistency of controlling shareholder/actual controller □ _____________Wu Youlin Actor
Not applicable☑
Other direct shareholders
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□ Controlling shareholder/actual controller
□ Consistency of controlling shareholder/actual controller
Zhangzhou Xiangcheng Bairui Investment Co., Ltd. 91350206MA8RLRC786 Action Person ☑
Partnership (limited partnership)
□ Not applicable
Other direct shareholders
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- Information about persons acting in concert
Name of person acting in concert Investor identity Unified social credit code
□ Controlling shareholder/actual controller
□ Consistency of controlling shareholder/actual controller □ _____________Wu Youcai Actor
Not applicable☑
Other direct shareholders
☑
□ Controlling shareholder/actual controller
□ Consistency of controlling shareholder/actual controller □ _____________Fu Xinfeng Action Person
Not applicable☑
He is a direct shareholder
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□ Controlling shareholder/actual controller
□ Consistency of controlling shareholder/actual controller □ _____________ Zhang Minglang Actor
Not applicable☑
Other direct shareholders
☑
□ Controlling shareholder/actual controller
□ Consistency of controlling shareholder/actual controller □ _____________Guo Qinghui Actor
Not applicable☑
Other direct shareholders
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2. Basic situation when equity changes touch the 1% mark
Changes in equity
Number of shares before change (10,000) Ratio before change Number of shares after change Ratio after change
Name of investor Equity change method (shares) Example (%) (10,000 shares) Example (%)
Entities that directly change shareholdings during the time period:
Centralized bidding □ 2025/11/14 Zhangzhou Aonong Investment
22,262.3016 8.55 21,460.8016 8.24 Block Transaction □ - Capital Co., Ltd.
Others: Judicial transfer 2025/11/14
Centralized bidding □ 2026/03/20 Wu Youlin 7,542.3192 2.90 6,763.3627 2.60 Block transaction □ -
Others: Judicial transfer 2026/03/23 Zhangzhou Xiangcheng Bai
Centralized bidding □
Rui Investment Partners
3,471.9710 1.33 2,190.0000 0.84 Bulk transaction □ 2026/5/18 Enterprise (Limited
Others: judicial auction
partnership)
Entities that have not directly changed their shareholdings:
Wu Youcai 317.6029 0.12 317.6029 0.12 //Fu Xinfeng 12.8500 0.0049 12.8500 0.0049 //Zhang Minlang 10.0050 0.0038 10.0050 0.0038 //Guo Qinghui 10.0050 0.0038 10.0050 0.0038 / / 33,627.0547 12.92 30764.6272 11.82 -- --Total
3. Other instructions
(1) Explanation of changes in equity of Zhangzhou Aonong Investment Co., Ltd.
On December 9, 2024, the People's Court of Xiangcheng District, Zhangzhou City, Fujian Province made a decision (2024) Fujian 0602 broken 1
No. 3, "Civil Ruling", ruled to approve the reorganization plan of Zhangzhou Aonong Investment Co., Ltd. (hereinafter referred to as "Aonong Investment") and terminate the reorganization process of Zhangzhou Aonong Investment Co., Ltd. According to the Aonong Investment Restructuring Plan, the guarantee
The property is company stock, and the pledged persons are Aonong Investment and Wu Youlin (if any) have property-guaranteed claims.
The person has the right to choose to use shares to pay debts for the pledged stocks provided by Aonong Investment and Wu Youlin (if any) at a ratio not exceeding 35% of the number of pledged stocks by Aonong Investment and Wu Youlin (if any). Aonong Investment Restructuring Plan
Within the stipulated period, the total number of debt-repaying stocks of Aonong Investment selected by creditors was 57,795,053 shares. Wu You
The number of Lin's debt-free shares is 0 shares. Among the above-mentioned foreclosed stocks, 9,985,500 shares were issued on December 24, 2024
Transferred to the name of relevant creditors through non-trading transfer. For details, please refer to the company's disclosure on December 26, 2024.
The "Announcement on the Progress of the Reorganization Implementation of Zhangzhou Aonong Investment Co., Ltd. and the Planned Changes in the Company's Shares Held by the Company's Shareholders" (Announcement No.: 2024-221); 33,564,553 shares were issued on March 27, 2025 On November 14, 2025, 8,015,000 shares were transferred to the names of relevant creditors through non-trading transfers. For details, please refer to the "Informative Announcement Regarding Changes in Equity of Shareholders Holding More than 5% of the Shares Touching Integer Multiples of 1%" disclosed by the company on March 29, 2025 (Announcement No.: 2025-040); 8,015,000 shares were transferred to the names of relevant creditors through non-trading transfers on November 14, 2025.
As of the disclosure date of this announcement, of the 57,795,053 shares of Aonong Investment that have been repossessed,
51,565,053 shares were transferred to the names of relevant creditors through non-trading transfers, and the remaining 6,230,000 shares have not yet been judicially transferred. There is a certain degree of uncertainty in the timing of subsequent judicial transfers. If all subsequent judicial transfers are completed, regardless of other impacts, the total number of company shares held by Aonong Investment and its persons acting in concert will become 301,416,272 shares, and the total shareholding ratio will become 11.58%, of which the number of shares held by Aonong Investment will become 208,378,016 shares, Aonong Investment's shareholding ratio will become 8.01%. The final result will be subject to the actual shares registered by the relevant shareholders in China Securities Depository and Clearing Co., Ltd. after the subsequent completion of the transfer.
(2) Explanation of changes in Mr. Wu Youlin’s equity
Due to the dispute over claims and debts between Mr. Wu Youlin and Mr. Liu Xiang, the People's Court of Ningguo City, Anhui Province issued an execution ruling (No.: (2024) Anhui 1881 Zhi 1879-4, (2024) Anhui 1881 Zhi 1879-6), ruling that the company's shares held were transferred to Liu Xiang's name to pay off the debt, and on March 20, 2026 and 2026 respectively. On March 23, 2018, the transfer registration of a total of 7,789,565 shares was completed.
(3) Explanation of changes in equity of Zhangzhou Xiangcheng Bairui Investment Partnership (Limited Partnership)
The Longgang Municipal People's Court conducted a public auction on the Alibaba Assets Judicial Auction Online Platform from 10:00 on April 13, 2026 to 10:00 on April 14, 2026, for 12,819,710 shares of Aonong Biotech held by Zhangzhou Xiangcheng Bairui Investment Partnership (Limited Partnership). According to the "Confirmation of Successful Online Bidding" published on the Alibaba Assets Judicial Auction Online Platform, the auction results are as follows:
The user name Hong Wenhao used the bidding number G8134 on the Alibaba Asset Platform on 2026/04/1411:33:25 in the public bidding of "12819710 shares of Aonong Biotech (stock code: 603363.SH, stock nature: unrestricted tradable shares) held by the person subject to execution", and won with the highest bid. The online auction transaction price of the subject: ¥53,120,900 (five thousand three hundred and one hundred and twenty thousand nine hundred yuan), equivalent to an average price of 4.14 yuan per share.
On May 18, 2026, the transfer registration procedures for the above-mentioned judicial auction shares were completed.
(4) Other instructions
This change in shares will not lead to a change in the company's controlling shareholder, will not have an impact on the company's daily business management and decision-making, and will not harm the interests of the company and other shareholders.
According to laws, regulations and normative documents such as the "Securities Law of the People's Republic of China", "Measures for the Administration of Acquisitions of Listed Companies" and "Standard No. 15 on the Content and Format of Information Disclosure by Companies Offering Securities to the Public - Report on Changes in Equity", this change in shareholders' equity does not involve the information disclosure obligor's disclosure of a report on changes in equity.
Taking into account the recent judicial freezing and judicial marking of some shares of Aonong Investment, Mr. Wu Youlin, and Bairui Investment and the implementation of the "Reorganization Plan of Zhangzhou Aonong Investment Co., Ltd.", there is a certain degree of uncertainty in the subsequent status of the company's shares held by Aonong Investment and its concerted parties. The final result will be based on the number of shares actually registered by the relevant shareholders with China Securities Depository and Clearing Co., Ltd.
According to the relevant provisions of the "Shanghai Stock Exchange Self-Discipline Supervision Guidelines for Listed Companies No. 15 - Shareholding Reduction by Shareholders and Directors, Supervisors and Senior Management Personnel", the transferee of a judicial transfer shall not reduce its holdings within 6 months after receiving the transfer of specific shares. The company has reminded the relevant transferee to comply with the relevant provisions and shall not reduce its holdings within 6 months after the transfer.
The company will pay close attention to the follow-up progress of relevant matters and perform its information disclosure obligations in strict accordance with the "Shanghai Stock Exchange Stock Listing Rules" and other relevant regulations. All the company's information is based on the information published on the Shanghai Stock Exchange website (www.sse.com.cn) and other company-designated media. Investors are advised to pay attention to investment risks.
Announcement is hereby made.
Board of Directors of Fujian Aonong Biotechnology Group Co., Ltd. May 20, 2026