Mingjiahui: Shareholder China Emerging Group has completed the plan to reduce its holdings by 3.35 million shares.

Mingjia Hui announced that the shareholding reduction plan of the original shareholder holding more than 5%, China Emerging Group Co., Ltd., has been completed. From July 21 to August 4, 2026, it cumulatively reduced its holdings in the company by 3.35 million shares through a centralized bidding method, accounting for 0.2350% of the total share capital, with an average reduction price of 5.53 yuan per share. After the reduction, Emerging Group's holdings decreased to 71,206,697 shares, representing 4.99%. This reduction will not affect the company's governance structure or ongoing operations, nor will it lead to a change in control.