[Amaden: Chaowan IP company Qixing Network plans to transfer 20% of its shares through an agreement and the stock is suspended] On November 2, Amaden (002623.SZ) announced that the company’s controlling shareholder Amaden Technology and Shanghai Qixing Network Technology signed a “Share Transfer Intention Agreement” and planned to transfer the 38.6125 million shares (accounting for 20% of the company’s total share capital) to Qixing Network. If the transaction is completed, the company's controlling shareholder and actual controller will change. The company's shares will be suspended from trading on November 3, 2026, and the trading suspension is expected to last no more than 2 trading days. This transaction does not involve a tender offer and does not constitute a related transaction. At present, this matter is still in the planning and intention stage, and there is uncertainty about the signing of a formal agreement. Xiaocai's note: Shanghai Qixing Network Technology Co., Ltd. was established in 2016. In 2021, it launched the trendy IP card-Hitcard brand. The main business focuses on the research and development of its own IP cards and the creation of co-branded cards with multiple cooperative brands.