Anhui Huaqi Environmental Protection Technology Co. Ltd.

Anhui prominent investor Wang Genjiu and his family members have significantly increased their stake in Huaqi Environmental Protection over a span of more than four months, accumulating over 14% of shares and driving the company's stock price up by over 40% within a month. On the evening of July 15, Huaqi Environmental Protection announced that Wang Genjiu, Wang Fengxian, and Wang Jianye further increased their holdings by 5.4597 million shares through centralized competitive bidding from July 13 to 15, representing 4.13% of total share capital. After the increase, the combined shareholding of Wang Genjiu and his concert parties rose from 10% to 14.13%, with Wang Genjiu personally holding 6.95%, making him the second largest shareholder. The Wang Genjiu family began building their position in March 2026, first reaching the 5% threshold with a stake purchase from March to June. Since July, the pace of accumulation has accelerated, with the total increase amount estimated to exceed 200 million yuan. The company stated that this increase will not lead to a change in control. Currently, the controlling shareholder, Angongda Asset, holds 14.10% equity and is entrusted with voting rights for 11.7% of shares, resulting in a total voting rights ratio of 25.8%. Wang Genjiu is the chairman of Runfeng Investment and previously earned substantial returns from primary market investments in QuantumCTek. The reason for this stake increase is a long-term bullish outlook on the capital market and the company's operational potential. Huaqi Environmental Protection's main business is water environment treatment, and while short-term performance is under pressure, the company is actively expanding into the new energy sector. In 2025, new energy business revenue reached 32.19 million yuan, accounting for 9.06% of total revenue.