Valin Precision announced that 7 million shares of the company held by Jiedeng Zero Carbon New Energy Technology Co., Ltd., which holds more than 5% of the company's shares, were judicially auctioned. This portion of the shares accounted for 91.30% of its shares and 5.25% of the company's total share capital. Currently, all of them are under judicial notice and freeze. The online auction phase has ended, as no bids have been placed within the specified time. This live auction will not have a significant impact on the company's production and operation. There is uncertainty about whether the above shares will be auctioned again in the future, and the company will continue to monitor progress and fulfill its obligation to disclose information.

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