Hong Chuan Wisdom: Directors Huang Yuntao, Gan Yi, and Li Xiaoli reduced their holdings by 0.0612%, 0.0219%, and 0.0913% respectively.

Macro-river Wisdom Announcement: Director Huang Yuntao sold 280,000 shares at an average price of 10.85 yuan per share on November 4, 2025, accounting for 0.0612%; Supervisor Gan Yi sold 100,000 shares at an average price of 11.07 yuan per share on November 3, 2025, accounting for 0.0219%; Director Li Xiaoli sold 417,800 shares at an average price of 11.17 yuan per share on November 13, 2025, accounting for 0.0913%. Director Liu Yan did not sell any shares, and the sale plan has been completed.