Zhongying Electronics: Change in company ownership leading to Neng GongDian becoming the new controlling shareholder.

Zhongying Electronics announced that the company has received notification from the controlling shareholder, Weilang International, and shareholder Win Channel, that the transfer of shares of the company to Shanghai Zineng Industrial Electronics Co., Ltd. has been completed and the registration procedures have been carried out. After this agreement transfer, Zineng Electric will hold 14.20% of the shares of Zhongying Electronics, and will control 9.20% of the shares through voting rights entrusted by it, totaling 23.40% of the shares, becoming the controlling shareholder of the company. Weilang International will entrust the voting rights of the remaining shares to Zineng Electric, but the actual controller of the company will change to have no actual controller. Zineng Electric is a Chinese domestic high-end intelligent industrial electronics industry platform group established through market-oriented mechanisms, with investments from the Shanghai government through the Shanghai Technology and Innovation Investment Group, Wuyuefeng Technology, and the government of Xuzhou. It focuses on the layout and industrial ecosystem construction in the field of industrial and automotive chips.