Sina Sake: The shareholder reduction plan has reached its expiration date, with a total reduction of 1.6928 million shares.

The Xinxiang Saik announced that the company's shareholders Guangdong Red Soil, Nanjing Red Soil, Kunshan Red Soil, and Zhengzhou Bairui are consistent actors of the controlling shareholders. On October 30, 2025, the above-mentioned shareholders plan to collectively reduce their holdings by a total of 4.8321 million shares, accounting for 2.83% of the total share capital. From November 21, 2025 to February 20, 2026, the shareholders plan to accumulate a total reduction of 1.6928 million shares through centralized bidding, accounting for 0.99% of the total share capital. As of the announcement date, the reduction plan period has expired, and the quantity of reduction does not exceed the planned reduction, which will not lead to a change in the company's controlling interest or violate relevant regulations.