Capital Online: Controlling shareholder Qu Ning and shareholder Nanjing Yun have reached an agreement to transfer 5.01% of the company's shares to Tianyang Hongye.

Capital Online Announcement: Controlling shareholder Quning and shareholder Nanjing Yuntuo have respectively signed a "Share Transfer Agreement" with Tianyang Hongye. Quning and Nanjing Yuntuo plan to transfer a total of 25.2076 million unrestricted tradable shares of the company held by them to Tianyang Hongye through the agreement, accounting for 5.01% of the company's total share capital at a transfer price of 17.6 yuan per share, with a total transaction amount of 444 million yuan. Among them, Quning will transfer 24.8151 million shares, accounting for 4.93% of the company's total share capital, with a transaction amount of 437 million yuan. Nanjing Yuntuo will transfer 39.24 thousand shares, accounting for 0.08% of the company's total share capital, with a transaction amount of 6.9068 million yuan. The acquirer Tianyang Hongye promises not to reduce its holdings of the company's shares acquired in this transaction within 12 months after the completion of the agreement.