Gongjin Co., Ltd. announced that Tang Fenan, the majority shareholders of the company, and Wang Dawei respectively signed a “Share Transfer Agreement” and a “Voting Rights Entrustment Agreement” with Tangshan Industrial Control, transferred a total of 880.559 million shares of the company's shares to Tangshan Industrial Control, and entrusts the voting rights of their 117 million shares of the company to Tangshan Industrial Control. After the first share transfer and delegation of voting rights, Tangshan Industrial Control will directly hold 88,0559 million shares of the company and entrust the exercise of voting rights corresponding to 117 million shares of the company. In total, it will hold voting rights corresponding to 205 million shares of the company. Prior to the first share transfer and delegation of voting rights, the company had no controlling shareholders or actual controllers. If the initial share transfer and voting rights entrustment are finally implemented, the controlling shareholder and actual controller of the company will change, the controlling shareholder of the company will be changed to Tangshan Industrial Control, and the actual controller of the company will be changed to the State-owned Assets Management Committee of the Tangshan Municipal People's Government.

Gongjin Co., Ltd. announced that Tang Fenan, the majority shareholders of the company, and Wang Dawei respectively signed a “Share Transfer Agreement” and a “Voting Rights Entrustment Agreement” with Tangshan Industrial Control, transferred a total of 880.559 million shares of the company's shares to Tangshan Industrial Control, and entrusts the voting rights of their 117 million shares of the company to Tangshan Industrial Control. After the first share transfer and delegation of voting rights, Tangshan Industrial Control will directly hold 88,0559 million shares of the company and entrust the exercise of voting rights corresponding to 117 million shares of the company. In total, it will hold voting rights corresponding to 205 million shares of the company. Prior to the first share transfer and delegation of voting rights, the company had no controlling shareholders or actual controllers. If the initial share transfer and voting rights entrustment are finally implemented, the controlling shareholder and actual controller of the company will change, the controlling shareholder of the company will be changed to Tangshan Industrial Control, and the actual controller of the company will be changed to the State-owned Assets Management Committee of the Tangshan Municipal People's Government.