Tianyong Intelligent: Controlling shareholder terminates agreement to transfer part of the company's shares

Tianyong announced that the company's controlling shareholder, Shanghai Mingjia Investment Co., Ltd., and Zhejiang Jinhhe Investment Management Co., Ltd. have reached a consensus to terminate the agreement for the transfer of 8.54 million unrestricted circulating shares of the company, accounting for 7.90% of the company's total share capital. This agreement transfer was not actually executed and will not affect the company's governance structure or daily production and operations