On March 12, Founder Securities announced that the seventh meeting of the fifth board of directors of the company agreed to sign the "Equity Sale and Purchase Agreement on 85.01% Equity of Credit Suisse Securities (China) Co., Ltd." with UBS and Beijing State-owned Assets Company, and sold the 49% equity of Credit Suisse Securities held by the company to Beijing State-owned Assets Company for 885 million yuan. On March 12, 2025, Credit Suisse Securities received the "Approval on the Change of Major Shareholders and Actual Controllers of Credit Suisse Securities (China) Co., Ltd." from the China Securities Supervision Commission, and approved Beijing State-owned Assets Company to become the major shareholder and actual controller of Credit Suisse Securities. There is no objection to Beijing State-owned Assets Company's legal transfer of 85.01% equity of Credit Suisse Securities. The company will work with relevant parties to complete the change of equity of Credit Suisse Securities in accordance with the above approval requirements, and fulfill its information disclosure obligations in a timely manner.