Feng Jing Corporation: Shareholder Germany Weika Wei terminates agreement to transfer company shares.

Fengjing Holdings announced on the evening of August 21 that its shareholder, German Wicawi Co., Ltd., which holds more than 5% of the shares, originally planned to transfer 5.81% of the company's shares to Shanghai Tong Fund and Weiyi Fund through an agreement. After the transfer is completed, German Wicawi will no longer hold any shares of the company. Due to changes in the market environment, German Wicawi and Shanghai Tong Fund and Weiyi Fund friendly negotiated and agreed to cancel the signed "Share Transfer Agreement" and signed a "Termination Agreement" for the share transfer on August 21. The termination of this agreement transfer by German Wicawi will not lead to changes in the company's controlling shareholders and actual controllers, and will not have a significant impact on the company's governance structure and ongoing operations.