(Wan Tong Development): The controlling shareholder's 364 million shares are frozen and account for 19.28% of the total share capital.

Wan Tong Development announced that its controlling shareholder Jiahua Holdings holds 364 million shares of the company, accounting for 19.28% of the total share capital. In the current round of freezing, 364 million shares are frozen, accounting for 100% of its total holdings and 19.28% of the total share capital. As of the disclosure date of the announcement, Jiahua Holdings and its concerted parties collectively hold 643 million shares, with a total of 490 million shares judicially marked and 81 million shares frozen, accounting for 88.93% of its holdings and 30.23% of the total share capital; a total of 768 million shares are in a queue for freezing, accounting for 119.50% of the total holdings and 40.62% of the total share capital. The controlling shareholder stated that this will not affect the company's operations, as they are currently negotiating with creditors to resolve debt issues. The company advises investors to pay attention to risks.