Jingyi Corporation: Controlling shareholder's stake in the company may be subject to judicial auction leading to a change in control of the company.

On the evening of September 4th, Jingyi Co., Ltd. announced that the company's controlling shareholder, Nantong Sanjian Holdings Co., Ltd., will have 75,184,700 shares of the company auctioned by the Haimen District Court of Nantong City on the JD.com judicial auction network platform from 10:00 on October 9th to 10:00 on October 10th. The auction is currently in the public notice period. If the auction is successful, it will result in a change in the company's equity and the possibility of a change in the company's control.