Yonghe Intelligent Control: Termination of Agreement Transfer and Termination of Change in Control

Yonghe Intelligent Control announced that the company has received a "Notice Letter" from its controlling shareholder and actual controller Cao Deli, informing that the "Share Transfer Agreement" and related agreements signed with Hangzhou Runfeng Intelligent Equipment Co., Ltd. have been terminated. The agreement to transfer 35,660,326 shares to Hangzhou Runfeng by Cao Deli is now invalid and automatically revoked. At the same time, the "Voting Rights Proxy Agreement" signed between Hangzhou Runfeng and Cao Deli and Xia Zuwang has also automatically become invalid. This termination will not have a significant impact on the company, and Cao Deli remains the controlling shareholder and actual controller of the company.