Jaywat: The actual controller renewed the "Joint Action Agreement", collectively controlling 40.62% of the shares.

Jiahua Special Announcement: Mr. Zhou Xunwei and Mr. Huang Biliang, the actual controlling shareholders, have renewed the "Joint Action Agreement". The original agreement is valid until 2025, and the renewed agreement is effective from the signing date until December 22, 2028. If no termination notice is given by either party three months before the expiration date, the agreement will automatically be renewed for another 3 years. As of the disclosure date of the announcement, the two individuals directly hold 29.95% of the company's shares through BVI Jiahua Special and Hong Kong Jiahua Special, and indirectly control 10.68% of the shares through Haikou Xin Chuang, totaling 40.62% of the shares. This renewal does not affect changes in the controlling shareholders and is beneficial for the stability of the company's control rights and management.