Sailvan Times: Shareholding reduction by shareholders holding more than 5% reached 1.95%.

SHEIN announced that its shareholder, Gongqingcheng Zhongteng Venture Capital Partnership, which holds more than 5% of the company's shares, reduced its holdings by a total of 7.9348 million shares through centralized bidding and block trades on September 14, 2026, accounting for 1.95% of the company's total share capital. Before this change, the shareholder held 36.3149 million shares, representing 8.93%; after the change, it held 28.3801 million shares, representing 6.98%. This reduction is consistent with the previously disclosed reduction plan, which has not yet been fully executed, and there is no violation of relevant commitments.