Yueling Co., Ltd. announced in an evening statement on July 21 that on the same day, the company had received the "Confirmation of Securities Transfer Registration" issued by China Securities Depository and Clearing Corporation Limited. The approximately 62.88 million shares transferred by the Lin family to Jiesi Jincai had completed the transfer registration procedures on July 18, 2025, and the nature of these shares was unrestricted tradable shares. After the completion of this contractual transfer, Jiesi Jincai had acquired approximately 62.88 million shares and corresponding voting rights (accounting for approximately 24.56% of the total shares of the publicly listed firm) of the publicly listed firm, becoming its largest shareholder. The controlling shareholder of the publicly listed firm had changed from Lin Xianming, Lin Wanqing, Lin Xinfu, Lin Shenmao, Lin Ping, and Lin Bin to Jiesi Jincai, and the actual controller of the publicly listed firm had changed from Lin Xianming, Lin Wanqing, Lin Xinfu, Lin Shenmao, Lin Ping, and Lin Bin to Wang Guanran.