Tianyin Holdings announced that Tianfujin, the controlling shareholder of the company, holds 100 million shares of the company, accounting for 9.80% of the company's total share capital. This portion of the shares, which have been judicially frozen, was first publicly auctioned on the JD Asset Exchange platform from August 14 to August 15, 2026, because no one bid was placed within the specified time. The manager of Tianfujin will launch a second auction for the subject of the auction. This live auction will not have a significant adverse impact on the company's production and operation, and there is some uncertainty about the subsequent progress of this matter.

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