Jiangsu Shentong (002438.sz) issued an announcement that on March 11, 2021, the company received the "Notification Letter on Increasing the Shareholding of Jiangsu Shentong Valve Co., Ltd. to 1% and the Progress of the Implementation of the Shareholding Increase Plan" issued by Mr. Han Li, the actual controller and chairman of the company, and Mr. Han Li increased his holding of a total of 9.7 million shares in the company through block transactions on March 5, 2021 and March 11, 2021, accounting for about 1.9969% of the total share capital of the company.