Basic Information on the Auction
On May 31, 2022, Dongfang Wangli Technology Co., Ltd. (hereinafter referred to as "the Company") disclosed the relevant situation regarding the judicial auction of shares held by shareholder Liu Guang. This announcement pertains to the judicial auction of shares held by major shareholder Jiang Zongwen. The Chengdu Intermediate People's Court in Sichuan Province will publicly auction 17,697,112 unrestricted circulating shares held by Jiang Zongwen, from June 13, 2022, 10:00 AM to June 14, 2022, 10:00 AM (excluding automatic bidding extensions) on "Taobao"