Wealth trend: The actual controller and its concerted action parties plan to reduce their shareholding by no more than 1.1%.

The Wealth Trend Announcement stated that as of the disclosure date of the announcement, the controlling shareholder and actual controller Huang Shan holds 68.23% of the company's shares, and its concerted action person Huang Qing holds 0.79% of the shares. Due to their own funding needs, Huang Shan plans to reduce their holdings by no more than 1% of the shares through a combination of centralized bidding and block trading within 3 months after 15 trading days; Huang Qing plans to reduce his holdings by no more than 0.1% of the shares through centralized bidding during the same period. This reduction will not result in a change of the company's actual controller, and will not have a significant impact on the company's ongoing operations.