Jetsen: Controlling shareholder Xu Ziquan plans to transfer 4.75% of shares

Jetsen announced that its controlling shareholder Mr. Xu Ziquan has signed a Share Transfer Agreement with Hesheng Wealth Fund Management Co., Ltd. Mr. Xu Ziquan intends to transfer 127 million unrestricted circulating shares of the company to Hesheng Wealth at a transfer price of 5.1 yuan per share, with a total transfer price of 646 million yuan. At the same time, shareholder Mr. Su Xing has signed the same Share Transfer Agreement with Hesheng Wealth, intending to transfer 6.6 million unrestricted circulating shares of the company to Hesheng Wealth, also at a transfer price of 5.1 yuan per share, with a total transfer price of 33.66 million yuan. After the completion of this share transfer, Mr. Xu Ziquan will hold 380 million shares of the company, accounting for 14.26% of the company's total share capital; Mr. Su Xing will no longer hold any shares of the company; and Hesheng Wealth will hold 133 million shares of the company, accounting for 5.00% of the company's total share capital. This transfer does not involve a change in the company's control and will not lead to a change in the company's controlling shareholder or actual controller