ST Dongshi (603377.SH) released an announcement on June 30, 2024, stating that the company's shareholder, Beijing Daxing Investment Group (abbreviated as Daxing Investment below), and Huaneng Guicheng Trust Co., Ltd. (representing Huaneng Trust Yuanhe No.1 Collective Fund Trust Plan, abbreviated as Huaneng Trust), jointly signed a "Joint Action Agreement", forming a concerted action relationship, and during the effective period of the "Joint Action Agreement", both parties will maintain joint action in dealing with the operation and development of Eastern Pioneer Driving School and the major matters that require approval from the company's board of directors, supervisory board, and shareholders' meeting. In case of disagreement, Huaneng Guicheng Trust will vote according to Daxing Investment's opinion.
According to the announcement released by ST Dongshi (603377.SH) on June 30, 2024, Daxing Investment and Huaneng Guicheng Trust Co., Ltd. (representing Huaneng Trust Yuanhe No.1 Collective Fund Trust Plan) jointly signed a "Joint Action Agreement". The two parties have formed a concerted action relationship. During the effective period of the agreement, if there are significant issues related to the development of Eastern Pioneer Driving School and that require approval from the board of directors, supervisory board, and shareholders' meeting, both parties will maintain joint action. In case of disagreement, Huaneng Guicheng Trust will vote according to the opinion of Daxing Investment. Daxing Investment and Huaneng Guicheng Trust together hold 86.64 million shares of Eastern Pioneer Driving School, which account for 12.02% of the total shares. The equity change is due to the formation of a concerted action relationship between Daxing Investment and Huaneng Guicheng Trust, and the shareholding ratio has not changed.
After signing the "Joint Action Agreement", Daxing Investment and Huaneng Trust together hold 86.64 million shares of Eastern Pioneer Driving School, which account for 12.02% of the total shares. The equity change is due to the formation of a concerted action relationship between Daxing Investment and Huaneng Guicheng Trust, and the shareholding ratio has not changed.