Zhejiang Huangma Technology announcement, the company and the related party Wang Weisong jointly sell their respective holdings of Zhongke Yayan equity to Zigong Zhongtiansheng New Materials Technology Co., Ltd. After this transaction is completed, Zhongke Yayan will no longer be a subsidiary of Zhejiang Huangma Technology, and the equity ratios held by Zhejiang Huangma Technology and Mr. Wang Weisong will change to 0. Zhejiang Huangma Technology will sell its 24.6154% equity in Zhongke Yayan for 4.8 million yuan, and Wang Weisong will sell his 22.3077% equity in Zhongke Yayan for 8.4 million yuan. The equity transfer payment is divided into two installments, with the buyer Zhongtiansheng paying 50% of the first installment of the equity transfer payment within fifteen working days from the date when the conditions set forth in the agreement are met and upon receipt of a written payment notice, and the remaining equity transfer payment to be paid within fifteen working days from the date when Zhongke Yayan completes the industrial and commercial registration change.