northking information technology co., ltd announcement, the company's controlling shareholder Lhasa Yongdao Investment Management Co., Ltd. (Yongdao Investment) and China Securities Ganyuan Capital Management Co., Ltd. (China Securities Ganyuan) signed a "Share Transfer Agreement" on November 4, 2024. Yongdao Investment intends to transfer 37.0231 million shares of the company's shares held by it to China Securities Ganyuan by way of agreement. These shares have unlimited circulation conditions, accounting for 5.98% of the total share capital of the company, and the total transfer price is 0.478 billion yuan. After this equity change, the company's controlling shareholder, actual controller, and their concerted actors hold a total of 0.324 billion shares of the company, accounting for 52.30% of the total share capital; China Securities Ganyuan holds 37.0231 million shares of the company, accounting for 5.98% of the total share capital, becoming a shareholder holding more than 5% of the company. This equity change will not result in a change in the corresponding control rights of the company's controlling shareholder, actual controller, and their concerted actors, nor will it have a significant impact on the company's financial position and ongoing operation.