TIANYOUDE: The controlling shareholder has terminated the margin financing and securities lending business

On August 18th, TIANYOUDE announced that its controlling shareholder, TIANYOUDE Group, transferred 12 million unrestricted tradable shares from its client margin trading collateral securities account at Guotai Junan Securities back to its ordinary securities account, thereby terminating this margin financing business. As of now, TIANYOUDE Group holds a total of 199 million shares in the company, accounting for 41.39% of the total share capital, all of which are kept in ordinary securities accounts