Beijing Jiaxun Feihong Electrical (300213.SZ): The actual controller intends to transfer no more than 1.35% of shares to a family trust.

Beijing Jiaxun Feihong Electrical (300213.SZ) announced that, to further maintain the long-term stability of the companys control and for the purpose of family asset management, the company's controlling shareholder and actual controller Lin Jing intends to transfer no more than 1.35% of the total share capital of the company (i.e., no more than 8 million shares) to the Foreign Trade Trust - Fuzhi 10778 Wealth Inheritance Property Trust (referred to as the "Family Trust") through a block trade, and has signed a "Joint Action Agreement" with the Family Trust. This share transfer is an internal transaction among the company's controlling shareholder and its concerted parties, and will not result in any change to the company's controlling shareholder or actual controller.