Jinquan Tianyu: The concerted action relationship between the controlling shareholder and the actual controller expires and will not be renewed.

On the evening of May 21, Jinrong Tianyu announced that the "Joint Action Agreement" signed by the company's controlling shareholder and actual controller Yan Xuewei, Sun Xingwen, Yun Zhi, and Han Fengzhi will expire on May 11, 2025, and all parties have decided not to renew the agreement after its expiration. The joint action relationship between the four parties will terminate after the expiration of the agreement. Sun Xingwen, Han Fengzhi, and Zhao Hong have decided to maintain a joint action relationship and signed a new "Joint Action Agreement" on May 20, 2025. The company's controlling shareholder and actual controller will change to Sun Xingwen, Han Fengzhi, and Zhao Hong from May 20, 2025.