Sichuan Jinding: The company's largest shareholder holding 10.25% of the company's shares will be auctioned off by the judiciary.

Sichuan Jinding announced on March 29 that the Intermediate People's Court of Shenzhen, Guangdong Province, will conduct a judicial auction of 35.7767 million shares of unrestricted tradable stocks held by Shenzhen Pusozhichun Investment Enterprise, the largest shareholder of the company, on the online platform from 10:00 on May 12 to 10:00 on May 13. The shares account for 10.25% of the total share capital of the company, and have been divided into 10 auction items. If the auction is successful and the subsequent share transfer procedures are completed, the total number of shares held by the largest shareholder, Pusozhichun, will decrease to 35.7767 million shares, representing an estimated 10.25% of the total share capital of the company. Although the control shareholder and actual controller of the company have not changed as a result of this auction, there is uncertainty regarding potential changes in the future.