According to Tianlu Technology's announcement, 1 million shares held by Chen Ling, a shareholder holding 5% or more of the company's shares, will be judicially auctioned by the Changzhou Tianning District People's Court, accounting for 4.34% of its shares and 0.91% of the company's total share capital. The auction period is from November 24 to November 25, 2026. As of the disclosure date of the announcement, Chen Ling had sold a total of 4 million shares, accounting for 17.37% of her shares and 3.63% of the company's total share capital; Chen Ling held 23.32,200 shares of the company, accounting for 20.88% of the total share capital, and all of her holdings were pledged, frozen, and awaiting freezing. Chen Ling is not the controlling shareholder or actual controller of the company. This auction will not lead to a change in the company's control, nor will it have a significant impact on the company's production and operation. There is still uncertainty about this auction, and the transferee cannot reduce its holdings within 6 months after the sale.

According to Tianlu Technology's announcement, 1 million shares held by Chen Ling, a shareholder holding 5% or more of the company's shares, will be judicially auctioned by the Changzhou Tianning District People's Court, accounting for 4.34% of its shares and 0.91% of the company's total share capital. The auction period is from November 24 to November 25, 2026. As of the disclosure date of the announcement, Chen Ling had sold a total of 4 million shares, accounting for 17.37% of her shares and 3.63% of the company's total share capital; Chen Ling held 23.32,200 shares of the company, accounting for 20.88% of the total share capital, and all of her holdings were pledged, frozen, and awaiting freezing. Chen Ling is not the controlling shareholder or actual controller of the company. This auction will not lead to a change in the company's control, nor will it have a significant impact on the company's production and operation. There is still uncertainty about this auction, and the transferee cannot reduce its holdings within 6 months after the sale.