Huamao Technology: Director Zhang Chuquan and Maosheng intend to reduce their holdings by 1.06% and 0.49% respectively.

Hua Mao Technology Announcement: Director and General Manager Zhang Chuquan directly holds 13.9349 million shares, accounting for 4.23%; he and the concerted actor Maosheng hold a total of 20.5345 million shares, accounting for 6.23%. Due to personal financial needs, Zhang Chuquan plans to reduce his holdings by no more than 3.4837 million shares, accounting for 1.06%, through centralized bidding or block trading from December 5, 2025 to March 4, 2026; Maosheng plans to reduce its holdings by no more than 1.6124 million shares, accounting for 0.49% during the same period. The total reduction will not exceed 5.0962 million shares, accounting for 1.55%, of which the continuous reduction through centralized bidding will not exceed 1% of the shares for any consecutive 90 days.