Wanli Shareholding: End of litigation case by controlling shareholder this execution procedure.

Wanli shares announced that the equity transfer dispute between the company's controlling shareholder Jiatianxia and Nanfang Tongzheng, and Liu Xicheng, has ended the current execution process. According to the judgment, the amount involved in the case does not exceed 500 million yuan. During the execution, the court disposed of the company's shares held by the executed person, with the applicant receiving 142 million yuan, and no other property available for execution. In addition, Jiatianxia is still progressing in executing the 10% equity of Nanfang Tongzheng pledged by Liu Xicheng. This ruling has no negative impact on the company's profits, and the applicant can apply again if they find property available for execution.