Guangdong Modren High-tech Fiber announced that on December 17, 2024, its controlling Shareholder and actual controller Guo Qinghai's concerted actor Guo Hongjiang signed a "Share Transfer Agreement" with Zhejiang Huiwei (representing the Huiwei Xinxiang No. 1 Private Securities Investment Fund) and Qianhai Rongqi (representing the Rongqi Langyage No. 3 Private Securities Investment Fund). Guo Hongjiang intends to transfer a total of 9.6004 million unrestricted tradable shares of the company to Zhejiang Huiwei and Qianhai Rongqi through an agreement, accounting for 10.07% of the total share capital after deducting the shares in the company's share buyback dedicated account. Before this agreement transfer, Guo Hongjiang held 17.28 million shares of the company, accounting for 18.13% of the total share capital after deducting the shares in the company's share buyback dedicated account; transferees Zhejiang Huiwei and Qianhai Rongqi held no shares of the company. After this agreement transfer, Guo Hongjiang holds 7.6796 million shares of the company, accounting for 8.06% of the total share capital after deducting the shares in the company's share buyback dedicated account; transferees Zhejiang Huiwei and Qianhai Rongqi each hold 4.8002 million shares of the company, accounting for 5.04% of the total share capital after deducting the shares in the company's share buyback dedicated account.