Gansu Yatai Industrial Development announced that due to a dispute over a loan contract with Shanghai Pudong Development Bank Lanzhou Branch, shareholder Lanzhou Taihua Investment Holdings Co., Ltd., holding more than 5% of the shares, the People's Court of Chengguan District, Lanzhou City, Gansu Province will enforce the 3 million shares held by Lanzhou Taihua through competitive trading, accounting for 0.9280% of the total shares of the company. After the judicial forced execution of these shares, it will lead to a reduction in Lanzhou Taihua's shareholding percentage, which will in turn result in a decrease in the voting rights percentage held by Mr. Chen Zhijian and Ms. Chen Shaofeng, the actual controllers. However, it will not lead to a change in the company's control, nor will it have a significant impact on the company's governance structure and ongoing operations.