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Yayun Co., Ltd. once suggested the risk factors of this reorganization in the stock price change, saying that there is a certain time span from the date of signing the relevant agreement to the final implementation, during which the market environment may change substantially, thus affecting the business decisions of listed companies, counterparties and underlying assets, thus leading to the possibility of suspension, suspension or cancellation of this transaction.Yayun Co., Ltd. once suggested the risk factors of this reorganization in the stock price change, saying that there is a certain time span from the date of signing the relevant agreement to the final implementation, during which the market environment may change substantially, thus affecting the business decisions of listed companies, counterparties and underlying assets, thus leading to the possibility of suspension, suspension or cancellation of this transaction.Yayun Co., Ltd. once suggested the risk factors of this reorganization in the stock price change, saying that there is a certain time span from the date of signing the relevant agreement to the final implementation, during which the market environment may change substantially, thus affecting the business decisions of listed companies, counterparties and underlying assets, thus leading to the possibility of suspension, suspension or cancellation of this transaction.

Yayun Co., Ltd. once suggested the risk factors of this reorganization in the stock price change, saying that there is a certain time span from the date of signing the relevant agreement to the final implementation, during which the market environment may change substantially, thus affecting the business decisions of listed companies, counterparties and underlying assets, thus leading to the possibility of suspension, suspension or cancellation of this transaction.In fact, Eagle Smart Communication is not the first time to make its debut in the capital market. Before 2018, the company was listed on the New Third Board market under the name of "Chengdu Yingming E-commerce Co., Ltd." and the short name of "Yingming E-commerce". At that time, it was mainly engaged in "internet plus Automobile Aftermarket" and had many platforms such as online operation platform No.11 store and online supply chain e-commerce platform 51 accessories.In the past two years, the more active monthly share price trend of Yayun shares in the secondary market is related to restructuring. According to Wind's statistics, Yayun shares rose 29% in May last year, and Yayun shares released a restructuring plan that month. From September to October this year, Yayun shares rose by 26%, with an amplitude of 49%. During this period, the CSRC issued the Opinions on Deepening the Market Reform of Mergers and Acquisitions of Listed Companies.

Had planned to enter a new fieldAfter more than one year, the major asset restructuring of Yayun Co., Ltd. (603790) may end, and the company originally planned to enter the new energy business field.In the past two years, the more active monthly share price trend of Yayun shares in the secondary market is related to restructuring. According to Wind's statistics, Yayun shares rose 29% in May last year, and Yayun shares released a restructuring plan that month. From September to October this year, Yayun shares rose by 26%, with an amplitude of 49%. During this period, the CSRC issued the Opinions on Deepening the Market Reform of Mergers and Acquisitions of Listed Companies.