Dongyi Risheng Home Decoration Group Co., Ltd. (hereinafter referred to as "the Company") or "Dongyi Risheng" has received a notice from the China Securities Regulatory Commission regarding the issuance of the company's stock transfer certificate. The Company continues to implement the restructuring plan and has designated securities accounts for stock transfers. The specific situation is as follows:
On January 23, 2026, the Company announced regarding the designation of securities accounts for certain creditors to complete stock transfers. The Company and its management, based on the restructuring plan, will complete stock transfers of 3,314 shares. Subsequently, the Company will adjust the stock transfer results based on the restructuring plan, with designated securities accounts completing a total of 1,856,358 shares, which can be traded without restrictions. After this stock transfer is completed, the Company and its management have calculated that the designated securities accounts will complete a total of 93,170,397 shares, which will not be subject to trading restrictions.
The Company's 2024 annual financial report is expected to show a net loss, excluding the impact of the three-year economic plan from 2022 to 2024. The 2024 annual report indicates that the sustainability of operations remains uncertain. Measures have been taken to address the situation, and if the 2025 annual report shows that the company’s stock is being traded on the Shenzhen Stock Exchange, the Company will assess the risks involved.