True Love Home: Controlling Shareholder Signs Share Transfer Agreement and Proposed Change of Control

Announcement of True Love Home: The controlling shareholder of the company, True Love Group, has signed a "Share Transfer Agreement" with Guangzhou Venture Far Technology Partnership Enterprise, agreeing to transfer 29.99% of the shares of the listed company from True Love Group to the transferee. At the same time, True Love Group will declare the 187.34 million shares of the listed company it holds as unrestricted tradable shares for the effective tender offer and carry out the relevant procedures for the tender offer. From the date of completion of the agreement transfer of shares until the completion of the tender offer, True Love Group will waive the voting rights of the aforementioned pre-tender offer shares. After the completion of this transaction, Guangzhou Venture Far Technology Partnership Enterprise will acquire control of the company.