Guangzhou Pyramid Investment Management Co., Ltd. - Pyramid Harmony No. 1 Private Securities Investment Fund, managed by Guangzhou Pyramid Investment Management Co., Ltd signed a Share Transfer Agreement to acquire a 5% stake in Tongyu Communication Inc. (SZSE:002792) from Wu Zhonglin for approximately CNY 260 million on January 29, 2024. Post the transaction, Wu Zhonglin and his concerted person Shi Guiqin will be reduced from the original 53.04% to 48.04%.