Jiecheng Corporation: Controlling shareholder Xu Ziquan intends to transfer 4.75% of the shares.

Jiecheng Co., Ltd. announced that its controlling shareholder, Mr. Xu Ziquan, has signed a "Share Transfer Agreement" with Hesheng Wealth Fund Management Co., Ltd. Mr. Xu Ziquan intends to transfer 1.27 billion shares of unrestricted tradable shares held by the company to Hesheng Wealth at a transfer price of 5.1 yuan per share, with a total transfer price of 646 million yuan. At the same time, shareholder Mr. Su Xing also signed a similar share transfer agreement with Hesheng Wealth, intending to transfer 6.6 million shares of unrestricted tradable shares held by the company to Hesheng Wealth at the same price of 5.1 yuan per share, with a total transfer price of 33.66 million yuan. After the completion of this share transfer, Mr. Xu Ziquan will hold 380 million shares of the company, accounting for 14.26% of the total share capital of the company; Mr. Su Xing will no longer hold any shares of the company; and Hesheng Wealth will hold 133 million shares of the company, accounting for 5.00% of the total share capital of the company. This transfer does not involve a change in the company's control, and will not result in a change in the company's controlling shareholder or actual controller.