Dongyue Group (00189) issued an announcement3drouletteonlineRegarding the agreement reached between Mr. Zhang Jianhong (Chairman, Chief Executive Officer and Executive Director of the company) and Qixin Investment, Qixin Investment agreed to exercise the voting rights of the company's equity held from time to time in the same manner as Mr. Zhang Jianhong.

Qixin Investment and Mr. Zhang Jianhong have entered into an agreement to terminate the arrangement (cancellation of the arrangement) on May 2, 2024. The agreement stipulates that the two parties will terminate the agreement reached on August 4, 2023. After this termination of the arrangement, Qixin Investment will decide on its own how to exercise all of its shareholder rights. It is expected that this cancellation of the arrangement will not have a material impact on the company's operations and management.