Dagang Holdings: The controlling shareholder terminates the agreement to transfer 5% of the company's shares to Jin Xiangyuan.

Dagang Holdings announced on the evening of June 5th that the company had received a notification from its controlling shareholder and actual controller, Sun Jianxi, regarding the termination of the agreement to transfer part of the company's shares with Jinxiangyuanduo No. 3 (Shenzhen) Investment Partnership Enterprise. They reached a consensus on the matter and recently signed a "Termination Agreement of the Share Transfer Agreement". Sun Jianxi originally intended to transfer 5% of his company's shares to Jinxiangyuanduo. The termination of this agreement transfer will not affect the process of the proposed change in control disclosed by the company earlier, nor will it have any adverse effects on the company's governance structure and daily production and operation.