Famous Entrepreneurial Gathering: Completion of capital reserve transfer to increase share capital, stock resumes trading on 22nd.

The famous hall announcement stated that the implementation of the company's restructuring plan to increase capital from the capital reserve has been completed, with a total of 730,000,000 shares issued based on a total share capital of 695,596,569 shares, with approximately 10.5 shares issued for every 10 shares. After the increase, the total share capital increased to 1,425,596,569 shares. Among them, 664,000,000 shares are restricted shares issued to restructuring investors after the initial public offering, and 66,000,000 shares are freely tradable shares issued to creditors. Due to the stock being suspended on the registration date, the opening reference price on the 22nd has been adjusted to 3.16 yuan/share. The company's shares will resume trading from the opening on the 22nd.