Guosheng Securities announced that recently, the Jiangxi Provincial State-owned Assets Administration Commission and the Jiangxi Provincial Transportation Department signed a free transfer agreement on the transfer of Jiangxi Trading shares, and the Jiangxi Provincial Transportation Department plans to transfer 90% of the shares held in Jiangxi Trading to the Jiangxi Provincial State-owned Assets Administration Commission free of charge. After the transfer is completed, the controlling shareholder of the company will still be Jiangxi Trading. The actual controller will be changed from the Jiangxi Provincial Department of Transportation to the Jiangxi Provincial State-owned Assets Administration Commission, which will not have a significant impact on corporate governance and production and operation.

Guosheng Securities announced that recently, the Jiangxi Provincial State-owned Assets Administration Commission and the Jiangxi Provincial Transportation Department signed a free transfer agreement on the transfer of Jiangxi Trading shares, and the Jiangxi Provincial Transportation Department plans to transfer 90% of the shares held in Jiangxi Trading to the Jiangxi Provincial State-owned Assets Administration Commission free of charge. After the transfer is completed, the controlling shareholder of the company will still be Jiangxi Trading. The actual controller will be changed from the Jiangxi Provincial Department of Transportation to the Jiangxi Provincial State-owned Assets Administration Commission, which will not have a significant impact on corporate governance and production and operation.