Elite: Transfer of 18.0000% of the company's shares by the controlling shareholder and its concerted actors has been completed.

Ailuda Announcement: The actual controllers, Ran Guangwen, Ding Hongtao, and their concerted action persons, transferred 52.7675 million shares of the company's unlimited circulation stock to Xinghanyuanhang Agreement, accounting for 18.0000% of the total share capital of the company, and the transfer registration has been completed. After the transfer, Ran Guangwen, Ding Hongtao and their concerted action persons collectively hold 70.6787 million shares of the company, accounting for 24.1098% of the total share capital, still being the actual controllers of the company; Xinghanyuanhang holds 52.7675 million shares, accounting for 18.0000% of the total share capital, becoming a shareholder with more than 5% of the company's shares.