This announcement details the progress of a share transfer agreement where the controlling shareholder, Shao Jianwei, is transferring all his shares. This transaction constitutes a management buyout and will result in a change of control for the company. The transaction has received approval from the board and shareholders, with a supplementary agreement signed to amend key terms.
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The Board of Directors and all members of the Board of Directors guarantee that the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
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