kastkingsharky3baitfeeder| Shanghai Phoenix (600679.SH): Jiangsu Meile's concerted action has increased its stake by 1%

Gelonghui May 21 丨 Shanghai Phoenix (600679)(600679kastkingsharky3baitfeeder.SH) Announcementkastkingsharky3baitfeeder, received a notice from Jiangsu Meile Investment Co., Ltd.(referred to as Jiangsu Meile), a shareholder holding more than 5% of the company's shareskastkingsharky3baitfeederFrom May 19, 2023 to May 21, 2024, Mr. Wang Guobao and Mr. Wang Xiangyu, the concerted persons of Jiangsu Meile, have increased their holdings of Shanghai Phoenix A shares by 5% through centralized bidding transactions on the Shanghai Stock Exchange.kastkingsharky3baitfeeder, 152,900 shares, accounting for 1.00% of the company's total shares. The funding source for this increase is Mr. Wang Xiangyu's own funds. This increase in holdings will not change the controlling shareholder and actual controller of the company.

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