Fengfan Corporation: Intends to pre-list and transfer 60% equity of Suzhou Jingying Optoelectronics Technology Co., Ltd.

Fengfan Corporation Announcement: The company plans to pre-list and transfer its 60% equity in Suzhou Jingying Optoelectronic Technology Co., Ltd. This pre-listing is only for information disclosure and seeking potential buyers, and does not constitute a transaction. The transaction party, price, and payment method are still uncertain. The equity transfer needs to go through relevant approval procedures and internal review processes.