Only Wan seal: Huaxuan Fund completes reducing 2.0000% of its shares.

According to the announcement, Huaxuan Fund, a shareholder, reduced its holdings of the company's shares by 2.384 million shares through block trading from May 7, 2025 to May 12, 2025, accounting for 2.0000% of the total share capital excluding repurchase accounts. The average selling price of the reduction was 19.74 yuan per share. After the reduction, Huaxuan Fund holds 957,000 shares of the company, accounting for 0.8029% of the total share capital. The reduction plan has been completed and will not lead to a change in the company's controlling ownership.