Sailing Cable: Controlling shareholder Zhou Gonghua has reduced his stake by 3%.

Sailing Cable Announcement: The controlling shareholder and actual controller, Zhou Gonghua, reduced his holdings through centralized bidding for 4.129 million shares and block trades for 8.258 million shares from December 18, 2025 to February 12, 2026, totaling 12.387 million shares, accounting for 3.00% of the total share capital. The price range was between 16.69 and 21.3 yuan per share, with a total reduction of 2.24 billion yuan. Before the reduction, he held 91.0082 million shares, accounting for 22.04%, and now holds 78.6212 million shares, accounting for 19.04%. The reduction plan has been completed.