The controlling shareholder plans to increase its shareholding in the company by 1% to 2%.

Huayang Lianzhong announced that the company's controlling shareholder, Hunan Xiangjiang New District Development Group Co., Ltd., plans to increase its holdings within 6 months from the date of the announcement of the plan. Through the Shanghai Stock Exchange trading system, it will increase its holdings of the company's unrestricted circulating A-shares through centralized bidding and other methods, with the intention of increasing its holdings by 1% to 2% of the total share capital of the company. The purpose of the increase is based on confidence in the company's future development prospects and long-term value recognition.