China Tianying: The controlling shareholder intends to increase its stake by 50 million to 100 million yuan.

On August 5, China Tianying announced that its controlling shareholder, Nantong Qianchuang, plans to increase its holdings of the company's shares within three months from the date of the announcement, through methods such as centralized bidding and block trading, with an increase amount not less than 50 million yuan and not exceeding 100 million yuan. The increase plan does not set a price range, and the funds will come from self-owned funds and self-raised funds. In addition, Nantong Qianchuang has received a "Loan Commitment Letter" from the Shenzhen branch of Ping An Bank, providing a special loan for stock purchases of no more than 90 million yuan, with a term of three years. This increase aims to protect shareholder interests and enhance investor confidence.