Yixin Tang: Chairman and CEO Ruan Hongxian has transferred 1.9872% of the company's shares to his daughter.

Yixin Tang Announcement: The company's controlling shareholder, actual controller, and chairman and president, Ruan Hongxian, transferred a total of 1.9872% of the company's shares to his daughters, Ruan Shengxiang and Ruan Aixiang, through bulk trading. This share transfer is an internal family transfer. After the transfer, Ruan Hongxian signed a "Joint Action Agreement" with his two daughters, which will not lead to a change in the company's control, nor will it have any impact on the company's governance structure and continuous operation.