Zhaomin Technology: Changes in shareholdings of shareholders and their concerted parties has reached a multiple of 5%.

Zhaomin Technology Announcement: Shareholders Ningbo Baizhao Enterprise Management Partnership Enterprise and Ningbo Huazhao Enterprise Management Partnership Enterprise, holding more than 5% of the company's shares, and their concerted action parties Shanghai Jizhao Industrial Development Co., Ltd. and Shao Xionghui, have cumulatively reduced their holdings of the company by 11.5695 million shares through block trading and centralized bidding, reducing their shareholding from 59.76% to 55.00%, reaching a multiple of 5%. After this equity change, the total shareholding proportion of the above-mentioned shareholders and their concerted action parties has decreased from 56.77% to 55.00%, which will not lead to any changes in the company's controlling shareholders or actual controllers.