TIAN YUAN GP(06119): The family trust arrangement has been completed.

TIAN YUAN GP (06119) announced that the company has been informed by Mr. Yang that the family trust arrangement involving the establishment of a family trust and transfer of shares according to the trust deed has been completed on January 10, 2025. Prior to the family trust arrangement, Mr. Yang owned all the issued shares of Hanfu, which in turn owned 423 million shares (representing 70.5% of all issued shares). According to the family trust arrangement, Hanfu is required to transfer 210 million shares to the family trust (representing 35% of all issued shares) as trust property. The shareholding structure before and after the family trust arrangement is as follows: