JINJIA: 4.02% of shares held by the controlling shareholder may be subject to judicial enforcement

JINJIA announced that its controlling shareholder, JINJIA Venture Capital, may have a total of 58.4 million shares of the company subject to judicial enforcement. Among them, 43.4 million shares are being enforced due to a loan contract dispute, and 15 million shares are being enforced due to the non-fulfillment of a notarized debt document. If all are enforced, JINJIA Venture Capital's shareholding ratio will drop to 27.88%. This event will not lead to a change in the company's control and will not have a significant impact on the company's governance structure and operations