Jiaxun Feihong announced that Lin Jing, the controlling shareholder and actual controller of the company, has completed the implementation of the plan to transfer shares to its concerted action family trust through a bulk transaction. As of September 29, 2026, Lin Jing had transferred 8 million shares through bulk transactions, accounting for 1.35% of the company's total share capital, with an average transfer price of 5.08 yuan/share. This transfer is an internal transfer between the controlling shareholder and its co-actors. It does not involve a reduction in holdings in the secondary market, nor does it involve an offer. The total number and ratio of shares held is still 9.09%, and there has been no change in the controlling shareholders or actual controllers of the company.

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