Share transfer completed for Runjian; new top shareholder emerges

Runjian Co., Ltd. announced the completion of the transfer registration for part of its company shares, as per a previously announced agreement. Xu Zhou Hongze Yuantian Venture Capital Partnership (Limited Partnership), a consistent actor of the company's controlling shareholder, transferred 19,446,344 shares to Guangdong Shengyue Chuangzhi Equity Investment Fund Partnership (Limited Partnership). This transfer represents 6.85% of Runjian's total share capital. Following the completion, Guangdong Shengyue Chuangzhi has become a shareholder holding more than 5% of Runjian, ranking as the third largest shareholder. The transfer was officially registered on July 9, 2025. Guangdong Shengyue Chuangzhi has pledged not to reduce its holdings of these shares within twelve months.