Jiayun Technology: Its wholly-owned subsidiary acquires a majority stake in a subsidiary by purchasing minority shares.

Jiayun Technology announced that its wholly-owned subsidiary, Shenzhen Wanhe, has acquired 40% of the shares of Beijing Wanhe held by Beijing Yuzhuo for 1.14 million RMB. After the completion of the transaction, Shenzhen Wanhe will hold 100% of the shares of Beijing Wanhe, and the company's consolidated financial statements will remain unchanged. This move aims to improve resource integration and business synergy efficiency, strengthen the company's controlling interest in its important subsidiary engaged in internet advertising marketing, the main business.