Zhiyun Co., Ltd. announced that on July 20, 2026, Song Changjiang released the pledge of 14.5 million shares held and completed the transfer procedure to Yao Yongjun. On December 1, 2025, Huida Funeng and Yao Yongjun signed the “Agreement on Concerted Action”. After this transfer, Yao Yongjun held 5.03% of the company's shares, and its co-actor, Huida Funeng, controlled a total of 18.61% of the company's share voting rights. This transfer does not involve the proposed acquisition and will not result in a change in the controlling shareholder or actual controller of the company.

Zhiyun Co., Ltd. announced that on July 20, 2026, Song Changjiang released the pledge of 14.5 million shares held and completed the transfer procedure to Yao Yongjun. On December 1, 2025, Huida Funeng and Yao Yongjun signed the “Agreement on Concerted Action”. After this transfer, Yao Yongjun held 5.03% of the company's shares, and its co-actor, Huida Funeng, controlled a total of 18.61% of the company's share voting rights. This transfer does not involve the proposed acquisition and will not result in a change in the controlling shareholder or actual controller of the company.