5I5J Holding Group's actual controller's stake changes following auction

Mr. Xie Yong, the actual controller of 5I5J Holding Group, has seen his direct shareholding in the company decrease from 130,000,000 shares (5.52%) to 15,000,000 shares (0.64%). This was due to a judicial auction that transferred 115,000,000 shares, a transaction completed on November 18, 2025. This also resulted in a corresponding unfreezing of his 115,000,000 shares. Despite this reduction, Mr. Xie Yong, together with his concerted party Tibet Taihe Xianji Investment Management Co., Ltd. ("Taihe Xianji"), continues to be the actual controller of the company. Their combined direct and indirect shareholding has decreased from 541,028,689 shares (22.97%) to 426,028,689 shares (18.09%).

Taihe Xianji, the controlling shareholder, completed an unpledging of 52,000,000 shares and a new pledge of 15,000,000 shares, as of November 19, 2025. These changes are not expected to impact the company's governance or ongoing operations. Mr. Xie Yong has no current plans to further increase or decrease his holdings in the next 12 months.

The company assures that all information provided is accurate and complete, with no false records, misleading statements, or major omissions. The company also emphasizes that Mr. Xie Yong maintains a good credit standing and has no record of market misconduct in the past three years.