Yinlong Group: The controlling shareholder and concerted action person jointly reduced their holdings, resulting in their shareholding dropping to 25%.

Yinlong Shares announced that from November 11th to 19th, 2025, shareholder Shanghai Tongyi Investment Management Co., Ltd. - Tongyi Furong No. 16 Private Equity Securities Investment Fund has reduced its holdings of the company's shares by a total of 6.5538 million shares, accounting for 0.76% of the total share capital through centralized bidding and block trading. Its combined shareholding percentage with concerted parties has decreased from 25.76% to 25.00%, reaching a multiple of 5%. This reduction is part of a previously planned move, the plan has not been fully implemented yet, and it will not lead to changes in the controlling shareholder or the actual controller, nor will it affect the corporate governance and operations.