Jiaxun Feihong: Actual controller transfers 1.35% of shares to family trust, transfer completed.

Jiaxun Feihong announced that the plan for Lin Jing, the company's controlling shareholder and actual controller, to transfer shares to the family trust acting in concert with him through block trades has been completed. As of September 29, 2026, Lin Jing transferred 8 million shares through block trades, accounting for 1.35% of the company's total share capital, at an average transfer price of RMB 5.08 per share. This transfer is an internal transfer between the controlling shareholder and his concert parties, does not involve reduction through the secondary market, and does not trigger a mandatory tender offer. The total number and proportion of shares held remain 9.09%, and the company's controlling shareholder and actual controller have not changed.