Dongwang Times announced that the controlling shareholder Dongke Digital holds 26.55% of the company's shares and plans to transfer 506.517 million unrestricted tradable shares through a public solicitation and transfer agreement, accounting for 6.00% of the company's total share capital. This public collection and transfer is yet to be approved by the state-owned assets supervision and administration department. The final transfer price will be determined in accordance with relevant laws and regulations, based on the results of the public collection and approval by the state-owned assets supervision and administration department. There is uncertainty about the transferee of this transfer until the public collection and transfer process is completed.

Dongwang Times announced that the controlling shareholder Dongke Digital holds 26.55% of the company's shares and plans to transfer 506.517 million unrestricted tradable shares through a public solicitation and transfer agreement, accounting for 6.00% of the company's total share capital. This public collection and transfer is yet to be approved by the state-owned assets supervision and administration department. The final transfer price will be determined in accordance with relevant laws and regulations, based on the results of the public collection and approval by the state-owned assets supervision and administration department. There is uncertainty about the transferee of this transfer until the public collection and transfer process is completed.