Beijing Boxin Securities released the continuous supervision opinion for the tender offer by Cao Fei to acquire Hubei JUMPCAN in the second quarter of 2025. On June 11, 2025, Cao Fei acquired the controlling stake in JUMPCAN, triggering the obligation for a tender offer. The tender offer period will expire on July 17, with 16,300 shares accepted in the tender offer, accounting for 0.0018% of the total share capital. On August 1, the settlement and transfer procedures for the tender offer were completed, and Cao Fei and his concerted parties jointly controlled 61.15% of the company's shares, with the company's equity distribution meeting the listing conditions. During this continuous supervision period, the acquirer and the listed company operated in a standardized manner, the acquirer fulfilled public commitments, and no significant adjustments were proposed to the listed company's main business, assets, or personnel. JUMPCAN also had no violations regarding guarantees or loans