Xunyou Technology: Shareholder Yuan Xu reduces holdings through judicial auction; Haiyun Tiancheng becomes the largest shareholder.

Xunyou Technology announced that shareholder Yuan Xu's 8.3054 million shares of the company were judicially auctioned on July 31, and were acquired by Zibo Ying'an Investment Partnership for 296 million yuan, completing the transfer. Yuan Xu's shareholding ratio decreased from 8.83% to 4.74%, making him no longer the largest shareholder or a shareholder with more than 5% ownership. Haiyun Tian and its concerted party Haihang Tian passively became the largest shareholder, holding a total of 15.4406 million shares, accounting for 7.60% of the total share capital. This equity change does not trigger a tender offer and does not affect control or the normal operation of the company.