Zhongfutong: Renewal of controlling shareholder's pledged shares.

Zhong Futong Announcement: The company's controlling shareholder and actual controller Chen Rongjie has completed the renewal of stock pledge repurchase transactions and additional pledge at Guotai Junan Securities Co., Ltd. The initial pledged shares amounted to 9.93 million shares, and the renewed pledged shares this time also amounted to 9.93 million shares, accounting for 17.41% of the shares held by Chen Rongjie, and 4.32% of the total share capital of the company. Additionally, there were another 963,000 shares initially pledged, and the renewed pledged shares this time amounted to 963,000 shares, accounting for 1.69% of the shares held by Chen Rongjie, and 0.42% of the total share capital of the company, with additional pledge. After this renewal of stock pledge, Mr. Chen Rongjie has pledged a total of 26.933 million shares of the company he holds, accounting for 47.23% of the total shares he holds in the company, and 11.72% of the total share capital of the company.