Jiuliang Co., Ltd.: Zhuo Chuguang and Guo Shaoyan intend to transfer 8.56% of the company's shares through an agreement

JiuLiang Co., Ltd. announced that shareholders holding more than 5%, Zhuo Chuguang and Guo Shaoyan, signed a share transfer agreement with Huailong Investment, intending to transfer 13.7001 million unrestricted shares of the company to Huailong Investment, accounting for 8.56% of the total shares of the company. The transfer price is 24.41 yuan per share, with a total transaction price of 334 million yuan. This equity change will not lead to a change in control of the company’s controlling shareholder, actual controller, and their concerted actors, and will not have a significant impact on the company’s financial status or ongoing operations.

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