Shanghai YAHONG: Shareholder Xie Yaming, holding more than 5% of the shares, did not implement the reduction plan upon expiration.

Shanghai Yahong announcement, shareholder Xie Yaming, who holds more than 5% of shares, has reached the deadline for the disclosure of the reduction plan, during which no shares were reduced through block trade or centralized auction, with a reduction quantity of 0 shares, accounting for 0% of the total share capital of the company. Currently, Xie Yaming holds 28.233 million shares of the company's unrestricted circulating shares, accounting for 20.17% of the total share capital. Its concerted action person, Xie Yue, holds 7.88 million shares of the company, accounting for 5.63%, and the two of them together hold 36.113 million shares, accounting for 25.80%.