HanChuan Intelligent: The actual controller Cai Changwei and some of the company's shares held by its controlling shareholders will be auctioned off by the judiciary.

Han River Smart Notice, Mr. Cai Changwei, the actual controller, directly holds 841,400 shares of the listed company and Suzhou Hanchuan Investment Management Co., Ltd. pledged 13.1343 million shares to China Energy Guicheng Trust. These shares will be auctioned off judicially. This auction involves a total of 13.9757 million shares of the company, accounting for 7.95% of the total share capital of the company. If the auction is completed and transferred, the proportion of shares held by the controlling shareholder Hanchuan Investment in the company will decrease to 20.46%; the proportion of shares held indirectly by Mr. Cai Changwei, the actual controller, through Hanchuan Investment and concerted actors will decrease to 11.0076%; the proportion controlled indirectly by Mr. Cai Changwei, the actual controller, through Hanchuan Investment and concerted actors will decrease to 26.98%.