Tianchuang Fashion announced that the cumulative deviation value of the company's stock price increase exceeded 20% during the three consecutive trading days of December 29, December 30, and December 31, 2025, which is an abnormal fluctuation in stock trading. On December 26, 2025, Quanzhou Hetian, the controlling shareholder of the company, Hong Kong Gaochuang, the second-largest shareholder, and Li Lin, the actual controller, signed a “Share Transfer Agreement” with Anhui Xianrui. Quanzhou Hetian and Hong Kong Gaochuang plan to transfer a total of 83.733,600 shares to Anhui Xianrui through an agreed transfer agreement, accounting for about 19.95% of the company's total share capital. There is uncertainty about whether this change in rights will be approved and when it will finally be approved.

Tianchuang Fashion announced that the cumulative deviation value of the company's stock price increase exceeded 20% during the three consecutive trading days of December 29, December 30, and December 31, 2025, which is an abnormal fluctuation in stock trading. On December 26, 2025, Quanzhou Hetian, the controlling shareholder of the company, Hong Kong Gaochuang, the second-largest shareholder, and Li Lin, the actual controller, signed a “Share Transfer Agreement” with Anhui Xianrui. Quanzhou Hetian and Hong Kong Gaochuang plan to transfer a total of 83.733,600 shares to Anhui Xianrui through an agreed transfer agreement, accounting for about 19.95% of the company's total share capital. There is uncertainty about whether this change in rights will be approved and when it will finally be approved.