Xiaosong Co., Ltd. announced that Huaxin Chuangli, the controlling shareholder of the company, signed a “Share Transfer Agreement”. Huaxin Chuangli plans to transfer its 307.379 million unrestricted tradable shares to Jiasheng Times through an agreed transfer, accounting for 9.25% of the company's total share capital. The transfer price is 9.32 yuan/share, and the total transfer price is 286 million yuan. If this share transfer is finally implemented, the controlling shareholder and actual controller of the company will change. Jia Sheng Times will become the company's controlling shareholder, and the actual controllers of the company will be changed to Luo Minghua and Liu Lingshuang.

Xiaosong Co., Ltd. announced that Huaxin Chuangli, the controlling shareholder of the company, signed a “Share Transfer Agreement”. Huaxin Chuangli plans to transfer its 307.379 million unrestricted tradable shares to Jiasheng Times through an agreed transfer, accounting for 9.25% of the company's total share capital. The transfer price is 9.32 yuan/share, and the total transfer price is 286 million yuan. If this share transfer is finally implemented, the controlling shareholder and actual controller of the company will change. Jia Sheng Times will become the company's controlling shareholder, and the actual controllers of the company will be changed to Luo Minghua and Liu Lingshuang.