Only art odd: Shareholders holding more than 5% of the shares, Du Xuan, reduced their holdings, resulting in changes in equity reaching a multiple of 1%.
Wit Ou announced that the company's major shareholder Du Xuanyuan plans to reduce his holdings by no more than 3.7356 million shares from May 22, 2026 to August 21, 2026. Due to the equity distribution in 2025, the planned quantity of reduction has been adjusted to no more than 5.4167 million shares. On May 22nd, he reduced 423,100 shares through centralized bidding, reducing his stake to 10.91%. From May 29th to July 2nd, due to the increase in the total share capital of the 2024 incentive plan leading to the passive dilution of his holdings, and the reduction of 1.8854 million shares through block trades, his stake decreased from 10% to 8.86%, reaching a multiple of 1%, and the reduction plan was not completed.
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