Baiwang’s Chen Jie Ceases to Be Controlling Shareholder

By Public Technologies
  • Yancheng Fengchi replaced Chen Jie as general partner of Baiwang’s two employee shareholding platforms on October 23, 2026.
  • Shi Nan’s resulting deemed interest totals 49,597,174 shares, or 21.95%; he effectively exercises voting rights over Tianjin Duoying’s 14,922,174 shares.
  • Chen Jie ceased to be a controlling shareholder but retains 44,025,000 directly held shares, or 19.49%.
  • She also remains deemed interested in Tianjin Duoying’s 14,922,174 shares through her role at Tianjin Piaoying.


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. Baiwang Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261025-12382345), on October 25, 2026, and is solely responsible for the information contained therein.

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