Zuming Corporation: The controlling shareholder and shareholders with more than 5% of the shares plan to collectively reduce their holdings by no more than 4%.

Zuming Group announced that the actual controlling shareholder Cai Zuming plans to reduce his holdings by a total of no more than 3.7434 million shares, not exceeding 3% of the total share capital, through centralized bidding or block trading starting from the day of the announcement for a consecutive number of months. Shareholder Shen Yong, who holds more than 5% of the shares, plans to reduce his holdings by no more than 1.2478 million shares, not exceeding 1% of the total share capital during the same period through centralized bidding. The share reduction is due to their own financial needs and the shares were issued before the company went public. The implementation of this reduction plan is uncertain and will not affect the corporate governance structure and ongoing operations of the company, nor will it result in a change of control.