Shoukai Corporation: Yingxin Company indirectly holds a very low shareholding percentage in Yushu Technology.

Shoukai Corporation announced that the Company has noticed reports on the internet regarding the indirect holding of Yushu Technology shares by the Company's controlling subsidiary Yingxin Corporation. Yingxin Corporation has subscribed 3 billion yuan to the Jinshi Growth Equity Investment Partnership, with 1.8 billion yuan paid in, holding a proportion of about 6.51% of the subscribed shares of the fund. The fund holds 4.7683% of Yushu Technology shares, so Yingxin Corporation's indirect holding in Yushu Technology is about 0.3%, with a very low shareholding proportion. Yingxin Corporation's investment in the fund is purely financial, with no control or influence over the fund's decision-making and operations. In addition, the Company is currently in a loss-making state, with no significant changes in its main business, and there is a risk of a possible decline in the stock price due to a rapid short-term increase.