Yi Delong: Shareholder Wang Ming, who holds more than 5% of the shares, reduced his holding, resulting in a change in equity that touched 1%.
Yidelong announced that from January 26 to February 26, 2026, shareholder Wang Ming, who holds more than 5% of the shares, collectively reduced his stake in the company by 1.45 million shares through block trades. His shareholding ratio decreased from 12.78% to 11.88%, reaching the 1% threshold. This equity change is to fulfill the previous reduction plan, does not involve a tender offer, and is consistent with the previous plan and commitments. The reduction plan has not been fully implemented. This equity change will not result in a change in the company's controlling shareholder or actual controller.
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