Gelonghui December 12丨Guanshi Technology (605588.SH) announced that the company's controlling Shareholder and actual controller, Mr. Zhang Jianwei, signed a "Share Transfer Agreement" with Mr. Zhang Aoxing. Mr. Zhang Jianwei intends to transfer 3,700,000 unrestricted circulating shares (accounting for 5.03% of the company's total equity) to Mr. Zhang Aoxing at an agreed price of 41.09 yuan per share. The shares being transferred were obtained prior to the IPO. After the completion of this agreement transfer, the transferee Mr. Zhang Aoxing will become a Shareholder holding more than 5% of the company. He will not reduce his equity transferred within six months after the acquisition. This equity change does not trigger a takeover offer, will not lead to changes in the company's controlling Shareholder and actual controller, and will not have a significant impact on the company's governance structure and ongoing operations.