Ling Yunguang announced that the company's shareholder Yao Yi, Dongtai Ling Jie Enterprise Management Partnership, and Dongtai Ling Guang Enterprise Management Partnership launched an inquiry and transfer. After an inquiry and subscription on September 28, 2026, the transfer price was initially determined to be 38.00 yuan/share, which was 91.79% of the closing price of 41.40 yuan/share on the same day. A total of 26 institutional investors participated in the bid, and the number of valid purchases was 13.995 million shares. It was initially determined that 26 institutions were transferees, and the total number of shares to be transferred was 13.995 million shares. This inquiry transfer is not a reduction in shares in the secondary market. The transferee cannot transfer shares within 6 months. The final results are based on the processing results of the Shanghai branch of Zhongdeng Company and do not involve a change in the company's control.

Ling Yunguang announced that the company's shareholder Yao Yi, Dongtai Ling Jie Enterprise Management Partnership, and Dongtai Ling Guang Enterprise Management Partnership launched an inquiry and transfer. After an inquiry and subscription on September 28, 2026, the transfer price was initially determined to be 38.00 yuan/share, which was 91.79% of the closing price of 41.40 yuan/share on the same day. A total of 26 institutional investors participated in the bid, and the number of valid purchases was 13.995 million shares. It was initially determined that 26 institutions were transferees, and the total number of shares to be transferred was 13.995 million shares. This inquiry transfer is not a reduction in shares in the secondary market. The transferee cannot transfer shares within 6 months. The final results are based on the processing results of the Shanghai branch of Zhongdeng Company and do not involve a change in the company's control.