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After 2018, Yingming Zhitong changed its name to its current name after the listing of the New Third Board was terminated, and started the technical research and development and operation of the electric vehicle replacement mode. It is worth mentioning that Ying Zhitong once conducted counseling and filing in Sichuan Securities Regulatory Bureau in 2020. The proposed listing board is science and technology innovation board of Shanghai Stock Exchange, and the sponsor institution is Dongguan Securities. Counseling institutions have suggested that Eagle Smart Public Offering Project is still in the process of promotion, and its corporate governance system needs to be further improved, and both problems need to be solved.In the follow-up, the intention to terminate this major asset restructuring still needs to be reviewed and approved by the board of directors of Yayun Co., Ltd. Yayun Co., Ltd. said that it will hold a board meeting in the near future to review relevant matters, and will disclose and terminate the announcement of this major asset restructuring in a timely manner. The company will promise not to plan any major asset restructuring within one month after the announcement of the termination of this transaction.[Plan not to reorganize for one year! 】

Termination of reorganizationAfter 2018, Yingming Zhitong changed its name to its current name after the listing of the New Third Board was terminated, and started the technical research and development and operation of the electric vehicle replacement mode. It is worth mentioning that Ying Zhitong once conducted counseling and filing in Sichuan Securities Regulatory Bureau in 2020. The proposed listing board is science and technology innovation board of Shanghai Stock Exchange, and the sponsor institution is Dongguan Securities. Counseling institutions have suggested that Eagle Smart Public Offering Project is still in the process of promotion, and its corporate governance system needs to be further improved, and both problems need to be solved.Looking back at the history of restructuring, Yayun Co., Ltd. disclosed this restructuring intention for the first time in April last year, disclosed the restructuring plan in May last year, and disclosed the second revised draft after making major adjustments to the plan in November last year. Since then, there has been no progress in this reorganization. In the meantime, Yayun shares have always said that "the company is further communicating and negotiating with the counterparty on the details of the transaction ... The audit and evaluation work involved in this exchange has not yet been completed."

Termination of reorganizationAccording to the data of enterprise investigation, there were some judicial disputes at the end of this year: Xiong Wen, one of its major shareholders, held some shares in Eagle Smart, and Chengdu Yingming New Energy Technology Co., Ltd., one of its subsidiaries, was listed as the executor.After 2018, Yingming Zhitong changed its name to its current name after the listing of the New Third Board was terminated, and started the technical research and development and operation of the electric vehicle replacement mode. It is worth mentioning that Ying Zhitong once conducted counseling and filing in Sichuan Securities Regulatory Bureau in 2020. The proposed listing board is science and technology innovation board of Shanghai Stock Exchange, and the sponsor institution is Dongguan Securities. Counseling institutions have suggested that Eagle Smart Public Offering Project is still in the process of promotion, and its corporate governance system needs to be further improved, and both problems need to be solved.