Core Points - The announcement indicates that the equity change is an increase in holdings and does not trigger a mandatory tender offer [1] - After the equity change, Zheng Hairuo and controlled accounts hold a total of 36,913,101 shares, accounting for 24.08% of the company's total share capital [1] - The equity change does not result in a change of the company's controlling shareholder or actual controller [1] Summary of Equity Change - The information disclosure obligor is Zheng Hairuo and a total of 23 controlled accounts, including 5 legal entities [1] - The specific equity change occurred through centralized bidding on the Shanghai Stock Exchange, with Zheng Hairuo increasing holdings to 24.08% of total share capital [1] - The trading period for Zheng Hairuo and controlled accounts was from June 8, 2015, to January 12, 2024, during which 162,667,823 shares were bought for a total amount of 317,049.90 million, and 149,133,722 shares were sold for 295,687.68 million [2]