Jiang Baolong: Director Li Zhixiong's plan to reduce his shareholding has been completed.

Jiangbalong announced that the reduction plan of the company's director Li Zhixiong has been completed, with a total reduction of 4.1915 million shares, accounting for 1.00% of the company's total share capital. After the reduction, Li Zhixiong holds 18.9085 million shares of the company, accounting for 4.5112% of the total share capital. This reduction is in compliance with relevant laws and regulations and has not led to a change in the company's controlling rights.