Tianpu Co., Ltd. announced that CITIC Construction Investment Securities, as a financial advisor to Zhonghao Xinying's acquisition of the company, issued continuous supervision opinions for the second quarter of 2026. By the end of this continuous supervision period, the transfer procedures related to this transaction had been completed. In total, Zhonghao Xinying and its co-actors controlled 68.29% of the company's shares, and the actual controller of the company was changed to Yang Gong Yifan. On January 9, 2026, the company was filed by the Securities Regulatory Commission on suspicion of major omissions due to abnormal stock trading fluctuations. Investigations were ongoing as of the date the opinion was issued. During this continuous supervision period, apart from matters already disclosed, no major operational violations by the acquirer or company were found to have violated public commitments or subsequent plans.

Tianpu Co., Ltd. announced that CITIC Construction Investment Securities, as a financial advisor to Zhonghao Xinying's acquisition of the company, issued continuous supervision opinions for the second quarter of 2026. By the end of this continuous supervision period, the transfer procedures related to this transaction had been completed. In total, Zhonghao Xinying and its co-actors controlled 68.29% of the company's shares, and the actual controller of the company was changed to Yang Gong Yifan. On January 9, 2026, the company was filed by the Securities Regulatory Commission on suspicion of major omissions due to abnormal stock trading fluctuations. Investigations were ongoing as of the date the opinion was issued. During this continuous supervision period, apart from matters already disclosed, no major operational violations by the acquirer or company were found to have violated public commitments or subsequent plans.