Hagrid Communications: Shareholder Yang Haizhou intends to reduce his holdings by no more than 0.1624%.

Hagrid Communications Announcement: Shareholder Mr. Yang Haizhou holds 24,425,100 shares of the company, accounting for 0.9920% of the total share capital excluding the shares in the repurchase special account. He plans to reduce his holdings by no more than 4 million shares through centralized bidding within 3 months after 15 trading days from the date of this announcement, accounting for 0.1624%. The source of the shares to be reduced comes from the shares held before the company's initial public offering and those obtained through capital surplus transfer increase, with the reason for reduction being personal financial planning.