Tianyoude Liquor: Controlling shareholder releases margin trading business.

On August 18th, Tianyouda Liquor announced that its controlling shareholder, Tianyouda Group, transferred 12 million unrestricted tradable shares held by the company from its margin trading securities account opened at Guotai Junan Securities back to its ordinary securities account, thereby canceling the margin financing and securities lending transactions. As of now, Tianyouda Group holds a total of 199 million shares of the company, accounting for 41.39% of the total share capital, all of which are held in the ordinary securities account.