Return to brilliance: Controlling shareholder and acting in concert parties terminate the agreement to transfer 5.88% of the company's shares.

Sina Finance News on March 31st, announced that the equity transfer between the controlling shareholder of Huan Shang Huan and the concerted action person Huan Shang Huan Investment Management Center in Xinyu and Jilin Rongyue Equity Investment Fund Management Co., Ltd. has been terminated. Originally, Huan Shang Huan in Xinyu planned to transfer 32.928 million shares of the company at a price of 11.5 yuan per share, accounting for 5.88% of the total share capital of the company. As of the date of this announcement, the shares intended to be transferred under the agreement have not yet completed the transfer registration procedures, and the rights and interests of both parties have not changed. The termination of this agreement will not affect the company's controlling rights, daily production and operation, operating performance, and financial condition.