According to the announcement of Shuiyang Co., Ltd., the company's total share capital recently increased from 429,939,171 shares to 437,947,752 shares. The total shareholding ratio of the controlling shareholder Yujia Investment, actual controller Dai Yuefeng, and his co-actor, Changsha Tingting, was passively diluted from 41.7533% to 40.9898%, touching an integer multiple of 1%, and the number of shares held remained unchanged. This change in equity does not involve an increase or decrease in holdings, etc., and will not affect the stability of the company's control and continued operation.

According to the announcement of Shuiyang Co., Ltd., the company's total share capital recently increased from 429,939,171 shares to 437,947,752 shares. The total shareholding ratio of the controlling shareholder Yujia Investment, actual controller Dai Yuefeng, and his co-actor, Changsha Tingting, was passively diluted from 41.7533% to 40.9898%, touching an integer multiple of 1%, and the number of shares held remained unchanged. This change in equity does not involve an increase or decrease in holdings, etc., and will not affect the stability of the company's control and continued operation.