Lixin Wei: Controlling shareholder intends to transfer 10% of the company's shares to Bocheng in the future agreement.

On May 11th, Risen Micro announced that its controlling shareholder, Wuxi Yijing Investment Co., Ltd., signed a "Share Transfer Agreement" with Bocheng Future Investment Partnership Enterprise on May 10th. Yijing Investment plans to transfer 13.3693 million unrestricted tradable shares of the company held by Bocheng Future at a price of 41.38 yuan per share, with a total transfer price of 553 million yuan. After the agreement transfer is completed, Yijing Investment will hold 27.27% of the company's shares; Bocheng Future will hold 10% of the company's shares, becoming a shareholder with more than 5% of the company. This equity change does not trigger a mandatory takeover bid, does not cause changes in the company's controlling shareholders, and does not have any impact on the company's governance structure and ongoing operations.