Beijing Sojo Electric announced that the company's controlling shareholder and actual controller, Zhao Zhihong, and his concerted action parties, Zhao Zhixing and Zhao Zhihao, have signed a Share Transfer Agreement with Hangzhou Yingxin Enterprise Management Partnership (limited partnership), intending to transfer their total holdings of 54 million shares of the company's unrestricted tradable shares to Hangzhou Yingxin through the agreement transfer method, accounting for 6.76% of the company's total share capital. The transfer price per share is 4.941 yuan/share, with a total transfer price of 0.267 billion yuan. After this equity change, Zhao Zhihong and his concerted action parties will collectively hold 0.162 billion shares of the company, accounting for 20.30% of the total share capital. Hangzhou Yingxin will hold 54 million shares of the company, accounting for 6.76% of the total share capital.