Tenfucomm: Shareholder Tenfu Renhe intends to transfer 8.5 million shares, accounting for 1.09% of the total share capital.

Tianfu Communication announced in the evening that the company's controlling shareholder, Tianfu Renhe, plans to transfer 8.5 million shares, accounting for 1.09% of the total share capital of the company. The transfer is due to the company's own capital needs, and the transferee must have the corresponding pricing ability and risk tolerance. The minimum transfer price shall not be lower than 70% of the average stock trading price of the 20 trading days prior to the sending of the subscription invitation. This inquiry transfer will not be conducted through centralized bidding. The transferee shall not transfer within 6 months after receiving the transfer.