Pan Asia announced that Zhang Yun, the controlling shareholder, actual controller and chairman of the company, plans to increase his holdings of the company's A shares with his own funds through centralized bidding transactions in the Shanghai Stock Exchange trading system within 6 months from the date of disclosure of this announcement. The proposed increase in holdings is not less than RMB 5 million and no more than RMB 10 million. Zhang Yun currently holds 25.364,900 shares, accounting for 25.46% of the total share capital.

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