Jinjia Co., Ltd. announced that on August 18, 2026, the company received a notice from the controlling shareholder Jinjia Venture Capital. It received an executive ruling from the Shenzhen Intermediate Court to change the price, auction, and sell 138.8 million shares of the company's tradable shares held by Jinjia Venture Capital without limit to settle debts. Up to now, the total amount involved in major litigation, arbitration and judicial enforcement matters involving the controlling shareholder of the company, its co-actor and actual controller, Qiaoluyu, is $6.443 billion. The above case has nothing to do with the company and will not have a direct significant adverse impact on the company's production and operation. If the number of shares involved in subsequent judicial processing reaches a certain percentage, it may lead to a change in the company's control.

Jinjia Co., Ltd. announced that on August 18, 2026, the company received a notice from the controlling shareholder Jinjia Venture Capital. It received an executive ruling from the Shenzhen Intermediate Court to change the price, auction, and sell 138.8 million shares of the company's tradable shares held by Jinjia Venture Capital without limit to settle debts. Up to now, the total amount involved in major litigation, arbitration and judicial enforcement matters involving the controlling shareholder of the company, its co-actor and actual controller, Qiaoluyu, is $6.443 billion. The above case has nothing to do with the company and will not have a direct significant adverse impact on the company's production and operation. If the number of shares involved in subsequent judicial processing reaches a certain percentage, it may lead to a change in the company's control.