Tianyin Holdings announced that the company transferred 100% of the shares of the wholly-owned Sun Company Tianyin Mobile Communications Co., Ltd. through listing on the Shenzhen Joint Property Exchange. During the listing period, it was collected from the eligible intended transferee Shenzhen Rongyao Zhixin Network Communications Co., Ltd., and it has been determined that it is the transferee. On November 11, 2026, the two parties signed a “Property Rights Transaction Contract”. The transfer price was 130 million yuan. The transferee made a one-time payment in cash. The deposit of 39 million yuan already paid was automatically converted to the transaction price, and the remaining 91 million yuan was remitted to the designated settlement account within 5 working days after the contract came into effect. After the transaction was completed, the company no longer held shares in Tianyin Mobile, and Tianyin Mobile was no longer included in the scope of the company's consolidated statements. This transaction does not constitute a related transaction or major asset restructuring.

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