Red bean shares: Wanhe Securities plans to reduce its holdings by no more than 0.08%.

Red Bean Corporation Announcement: As of the announcement date, controlling shareholder and director Zhou Haijiang holds 45.443 million shares of the company, accounting for 1.98%, including 43.3795 million shares held in a margin account, accounting for 1.89%. Due to the overdue margin contract with Wanhe Securities, Wanhe Securities plans to reduce his shares through centralized bidding from February 11, 2026 to May 10, 2026, by no more than 1.8954 million shares, accounting for no more than 0.08%. The source of the reduction will be from block trades; if the company implements a stock split or dividend distribution during this period, the amount of reduction will be adjusted accordingly.