Yi Hualu announced that the company held a board of directors meeting on December 30, 2025 to review and pass the “Proposal on Public Listing and Transfer of Shares Transfer to Shandong Liaoyun Information Technology Co., Ltd.” The company commissioned the Beijing Equity Exchange to publicly list and transfer 35% of its shares in Shandong Liaoyun Information Technology Co., Ltd., with Hainan Taihao Data Technology Co., Ltd. as the sole intended transferee. The transaction constitutes a related transaction, does not need to be submitted to the shareholders' meeting for consideration, and does not constitute a major asset restructuring. Hainan Taihao has assets of 2,499 million yuan, liabilities of 50,000 yuan, and net assets of 2.494 million yuan. Liaoyun has total assets of 312 million yuan, total liabilities of 303 million yuan, and net assets of 8.9854 million yuan. In 2024, operating income was 5.8096 million yuan, net profit - 32.1511 million yuan. The transfer of funds obtained from this exchange will provide cash flow support for the company's business development.

Yi Hualu announced that the company held a board of directors meeting on December 30, 2025 to review and pass the “Proposal on Public Listing and Transfer of Shares Transfer to Shandong Liaoyun Information Technology Co., Ltd.” The company commissioned the Beijing Equity Exchange to publicly list and transfer 35% of its shares in Shandong Liaoyun Information Technology Co., Ltd., with Hainan Taihao Data Technology Co., Ltd. as the sole intended transferee. The transaction constitutes a related transaction, does not need to be submitted to the shareholders' meeting for consideration, and does not constitute a major asset restructuring. Hainan Taihao has assets of 2,499 million yuan, liabilities of 50,000 yuan, and net assets of 2.494 million yuan. Liaoyun has total assets of 312 million yuan, total liabilities of 303 million yuan, and net assets of 8.9854 million yuan. In 2024, operating income was 5.8096 million yuan, net profit - 32.1511 million yuan. The transfer of funds obtained from this exchange will provide cash flow support for the company's business development.