Gelonghui March 22?300669.SZ announced that the company recently received notice from Zou Jiachun, the company's actual controller, and Hangzhou Huning Investment Co., Ltd., the controlling shareholder, that:

1. Zou Jiachun and Hangzhou Huning Investment Co., Ltd. jointly signed a "share transfer Agreement" with Suzhou Guoke Haochen Equity Investment Partnership (Limited Partnership) (referred to as "Suzhou Guoke") on March 22, 2023. Zou Jiachun and Hangzhou Huning Investment Co., Ltd. intend to introduce strategic investors for listed companies in the form of agreement to transfer shares, specifically for Zou Jiachun to transfer 3547000 shares. Accounting for 1.84% of the company's total share capital, Hangzhou Huning Investment Co., Ltd. sold 6184629 shares, accounting for 3.21% of the company's total share capital. Zou Jiachun and Huning Investment Co., Ltd. have a total of 9731629 shares to be transferred to Suzhou Guoke, accounting for 5.05% of the company's total share capital.

2. Hangzhou Huning Investment Co., Ltd. signed a "share transfer Agreement" (hereinafter referred to as "Agreement II") with Shanghai Xunuo Asset Management Co., Ltd. on March 22, 2023. Hangzhou Huning Investment Co., Ltd. intends to introduce strategic investors to listed companies in the form of agreement transfer shares, specifically transferring 9731629 shares for Hangzhou Huning Investment Co., Ltd. Accounts for 5.05% of the total share capital of the company.

Agreement 1 and Agreement 2 transfer a total of 19463258 shares of the company, accounting for 10.1% of the total share capital of the company.