Mingxin Xuteng: Shareholder Mingxin Asset plans to reduce its holdings by no more than 2%.

Mingxin Xuteng Announcement, shareholder Zhejiang Mingxin Asset Management Co., Ltd. holds 25 million shares of the company, accounting for 15.41%. It plans to reduce its holdings by no more than 3.244 million shares, accounting for 2.00%, through block trading from April 28, 2026 to July 27, 2026. The selling price will be determined based on the market price at the time of implementation, and the shares are acquired before the initial public offering.