West Shanghai: Shareholders Shanghai Huijia Entrepreneurship Investment Co., Ltd.'s shareholding ratio has decreased to 10.00%.

West Shanghai announcement, shareholder Shanghai Huijia Entrepreneurship Investment Co., Ltd., holding more than 5% of the shares, accumulated a total reduction of 3.2275 million shares of the company through centralized competitive bidding trading from July 7, 2022 to March 10, 2026, accounting for 2.40% of the current total share capital of the company. At the same time, due to the company's implementation of equity incentive plans and repurchase cancellations resulting in changes in the total share capital of the company, causing the passive dilution of the held shares. After this equity change, Huijia Entrepreneurship Investment's holdings of the company's shares decreased from 16.683 million shares to 13.4555 million shares, and the shareholding ratio decreased from 12.51% to 10.00%.