On December 9, Gelonghui announced that kinco automation (shanghai) co.,ltd (688160.SH) plans to participate in the shareholder inquiry transfer prior to its initial public offering. The transferring party is Shenzhen Tongxin Zhongyi Investment Management Center (Limited Partnership); the total number of shares to be transferred is 1,680,000, accounting for 2.00% of kinco automation (shanghai) co.,ltd's total share capital. This inquiry transfer will not be conducted through centralized bidding or block trades and does not constitute a shareholding reduction in the secondary market. The shares acquired through this inquiry transfer cannot be transferred within 6 months after acquisition.