Nanjing Public Utility: The controlling shareholder and its concerted actors intend to transfer 43.731 million shares, accounting for 7.61% of the total share capital.

Nanjing Public Announcement: Holding shareholder Nanjing Public Holding Co., Ltd. and its concerted action Nanjing City Urban Construction Investment Holding Co., Ltd. intend to transfer a total of 43.731 million shares of unlimited circulating shares held by the company to Nanjing Innovation Investment Group Co., Ltd. through a non-public agreement, accounting for 7.61% of the total share capital of the company. The total transfer price is 300 million yuan, with Public Holdings transferring 16.8001 million shares and City Construction Group transferring 26.9309 million shares. This equity change still requires approval from the competent authority of state-owned assets supervision and confirmation of compliance by the Shenzhen Stock Exchange, with uncertainties present.