Wanma Technology: Major Shareholder Agrees to Transfer 5% of Shares.

Announcement of Wanhorse Technology: The controlling shareholder, Sheng Tao, signed a "5% share transfer agreement of Wanhorse Technology Co., Ltd." with Zhejiang Jinzheng Asset Management Co., Ltd. on December 27, 2024, transferring 6.7 million shares of the company to Zhejiang Jinzheng Asset Management Co., Ltd. - Jinzheng Hongsheng No.1 Private Equity Securities Investment Fund, accounting for 5.00% of the total share capital of the company. Recently, Sheng Tao signed a supplementary agreement with Zhejiang Jinzheng Asset Management Co., Ltd., and the transferee promised not to reduce the above-mentioned target shares within 12 months after the completion of the transfer of the shares.