Gelonghui, January 31 | Xinyan Co., Ltd. (300159.SZ) announced that the controlling shareholder, Jiaxing Huakong Tenghui Equity Investment Partnership, recently issued separate “Notice Concerning the Termination of Voting Rights Delegation” to shareholders Han Hua and Yang Lijun, who signed the “Voting Rights Entrustment Agreement” with them on January 4, 2019. After the voting rights entrustment agreement was terminated, the controlling shareholder of the company is still Huakong Tenghui, and the actual controller is still Mr. Zhang Yang. The termination of the voting power entrustment relationship will not result in a change in the company's control, nor will it affect the company's governance structure and continuous operation. There have been no major changes in the company's fundamentals, will not have a significant impact on the company's main business and financial situation, will not affect the company's personnel independence, financial independence and asset integrity, and the company still has a standardized corporate governance structure.