San Bai Shuo: Shareholders holding more than 5% of the shares intend to transfer 5.66% of the company's shares through an agreement.

Sanbo Shuo announced that shareholder J.LU INVESTMENTS LLC, with a stake of over 5%, signed a "Stock Transfer Agreement" with Qihou Assets on October 21, 2025, intending to transfer 13.8 million shares of the company, accounting for 5.66% of the total share capital, at a transfer price of 13.95 yuan per share, for a total price of 193 million yuan. On January 12, 2026, the Shenzhen Stock Exchange has completed the compliance confirmation of the relevant materials for the share transfer agreement. The transfer process still needs to be completed, and there is uncertainty as to whether it can be completed.