Group 1 - Wang Fan will become the actual controller of Gao Le Co., Ltd. after the acquisition by Beijing Lieman Yuntu Technology Co., Ltd. [1] - On November 30, Lieman Yuntu signed a share transfer agreement with the largest shareholder of Gao Le, Huadong Group, to acquire 94.72 million shares, representing 10% of the total share capital [1] - Following the transfer and voting rights delegation agreements, Lieman Yuntu will hold 94.72 million shares directly and have voting rights over 206 million shares, accounting for 21.74% of the total share capital [1] Group 2 - Gao Le Co., Ltd. has signed a conditional share subscription agreement with Lieman Yuntu's affiliate, Lieman Xingtou, to raise up to 491 million yuan for working capital [2] - Wang Fan, born in November 1991, has a master's degree from the University of Sheffield and has been involved in the internet and AI sectors since starting his entrepreneurial journey in 2022 [2] - Wang Fan holds significant positions in multiple companies, including Lieman Yuntu and Lieman Xingtou, and has been serving as a director and financial officer since March 2025 [2]