Dongyue Group Co., Ltd. (the “Company”) announced that the share repurchase and sale of shares in its flagship was completed on March 5, 2024. All conditions involved in this transaction have been met and a write-off of the share repurchase will follow. Prior to the share repurchase, the Company's shareholding structure changed, with the Seller's shareholding ratio falling significantly from 23.49% to 0.49%, and the other independent shareholders' shareholding ratio increasing from 57.08% to 74.25%. Xinhua United International and Xinhua United Overseas as sellers, all of their holdings have been sold. Dongyue Team Limited's shareholding ratio increased from 11.49% to 14.94%, which is wholly owned by Executive Director Mr. Zhang. Upon completion of this transaction, the Company will conduct a share write-off, which will further affect the equity structure.

Dongyue Group Co., Ltd. (the “Company”) announced that the share repurchase and sale of shares in its flagship was completed on March 5, 2024. All conditions involved in this transaction have been met and a write-off of the share repurchase will follow. Prior to the share repurchase, the Company's shareholding structure changed, with the Seller's shareholding ratio falling significantly from 23.49% to 0.49%, and the other independent shareholders' shareholding ratio increasing from 57.08% to 74.25%. Xinhua United International and Xinhua United Overseas as sellers, all of their holdings have been sold. Dongyue Team Limited's shareholding ratio increased from 11.49% to 14.94%, which is wholly owned by Executive Director Mr. Zhang. Upon completion of this transaction, the Company will conduct a share write-off, which will further affect the equity structure.