According to the announcement of Jinlong Co., Ltd., the information disclosure obligors Zhu Fenglian, Yang Zhimao, and co-actors, Dongguan New Century Science and Education Development Co., Ltd. passively reduced their holdings due to judicial auctions. The total shareholding ratio fell from 28.58% to 23.67%, a cumulative decrease of 44 million shares. Among them, 14 million shares of Zhu Fenglian and 30 million of Yang Zhimao were judicially auctioned and transferred, and New Century Company's shareholding remains unchanged. After the change, New Century Company was still the controlling shareholder, and Yang Zhimao was still the actual controller. Currently, most of the shares held by the three parties are pledged or frozen. There is no clear plan to increase or decrease their holdings for the next 12 months, but there is a possibility that the remaining shares will be judicially auctioned.

According to the announcement of Jinlong Co., Ltd., the information disclosure obligors Zhu Fenglian, Yang Zhimao, and co-actors, Dongguan New Century Science and Education Development Co., Ltd. passively reduced their holdings due to judicial auctions. The total shareholding ratio fell from 28.58% to 23.67%, a cumulative decrease of 44 million shares. Among them, 14 million shares of Zhu Fenglian and 30 million of Yang Zhimao were judicially auctioned and transferred, and New Century Company's shareholding remains unchanged. After the change, New Century Company was still the controlling shareholder, and Yang Zhimao was still the actual controller. Currently, most of the shares held by the three parties are pledged or frozen. There is no clear plan to increase or decrease their holdings for the next 12 months, but there is a possibility that the remaining shares will be judicially auctioned.