November 19，Juneyao Airlines announcement，To introduce long-term strategic partners、Promote the company's long-term sustainable development，The controlling shareholder Junyao Group and its concerted parties 188bet app download Junyao Aviation Investment plan to transfer 7% of the company's shares to a qualified third party through agreement transfer in the next 6 months。A qualified third party intends to transfer the above shares in a lump sum in cash，And will publicly commit that the lock-up period for the transferred Juneyao Airlines shares will be no less than 36 months。

Main contents of the shareholding reduction plan

Announcement display，Juneyao Group and its parties acting in concert, 188bet app download Junyao Aviation Investment, plan to transfer 113 to qualified third parties through agreement transfer within six months from the three trading days from the date of disclosure of this announcement,429,120 shares、12,361,823 company shares，Total accounts for 7% of the company’s total share capital.00%。

Basic situation of the subject of reduction

As understood，Before the announcement of this plan，Juneyao Group holds Juneyao Airlines 1,134,291,200 shares，Accounting for 63% of the company’s total share capital.12%；Juneyao Aviation Investment holds Juneyao Airlines 48,428,800 shares，Accounting for 2 of the company’s total share capital.69%；Juneyao Group and Juneyao Aviation Investment jointly hold Juneyao Airlines1,182,720,000 shares，Accounting for 65% of the company’s total share capital.82%。

Represented by Juneyao Airlines，The transfer 188bet sports betting app download of this agreement was independently decided by Juneyao Group based on the future development strategy of Juneyao Airlines，Will not change the corporate governance structure、Influence on sustainable operations。