Xiling Information: Transfer of shares as per the agreement of the controlling shareholder has been completed.

Xiling Information Announcement: The company's controlling shareholders He Kaiwen and Yue Yamei have signed a stock transfer agreement with Shanghai Shengxun Dongyue Information Technology Partnership Enterprise and Shanghai Jinzhongyi Enterprise Management Partnership Enterprise. According to the agreement, He Kaiwen intends to transfer 36.38 million shares of unlimited tradable shares held by the company to Shanghai Shengxun, accounting for 19.00% of the total share capital of the company; He Kaiwen and Yue Yamei intend to transfer a total of 11.599 million shares of unlimited tradable shares held by the company to Shanghai Jinzhongyi, accounting for 6.06% of the total share capital of the company. The price of this stock transfer is 15.02 yuan per share, with a total transaction price of 721 million yuan. After the equity changes are completed, Shanghai Shengxun will become the controlling shareholder of the company, and Shengning will become the actual controller of the company.