712 Corp. announced that its controlling shareholder, Zhibo Technology, plans to increase its holdings of the company's A-shares through the Shanghai Stock Exchange trading system via centralized bidding within six months from the date of the announcement, with an increase amount not less than RMB 50 million and not exceeding RMB 55 million. This increase plan does not set a price range, and Zhibo Technology will gradually implement the increase plan at an appropriate time based on a reasonable judgment of the company's stock value, the fluctuations in the company's stock price, and the overall trend of the capital market. The funds for the increase will come from a combination of self-owned funds and special loans for the increase, with the amount of special loans for the increase not exceeding 90% of the total increase amount. There may be risks that the increase plan may not achieve expectations due to changes in the capital market or other risk factors