Jifeng Technology: Jifeng Low Altitude transfers its 66% equity in Wuhan McPherson to Xiaohe Innovation at a price of 1 yuan.

Jifeng Technology announcement, due to adjustments in the original operating plan and Wuhan McPherson has not yet started actual business operations. After comprehensive consideration, the company has decided cautiously to transfer 66% of the equity of Wuhan McPherson held by Jifeng Di Kong at a price of 1 yuan to Xiaohe Innovation. After the completion of this transaction, Jifeng Di Kong will no longer hold the equity of Wuhan McPherson, and Wuhan McPherson will no longer be included in the company's consolidated financial statements.