Pengling Stock: Shareholder Wang Zhifang's shareholding ratio has been passively diluted to 39.9049%

Pengling announced that shareholder Wang Zhifang's shareholding in the company has been passively diluted due to the company's 2024 stock incentive plan, which has resulted in an increase in the total share capital and a decrease in his shareholding percentage. Before the change, Wang Zhifang held 303 million shares of the company, accounting for 40.1352% of the total share capital; after the change, although the number of shares held remains the same, the total share capital has increased to 760 million shares, and his shareholding percentage has decreased to 39.9049%. This change in equity does not involve a reduction in the number of shares held, and will not result in a change of the controlling shareholder or actual controller of the listed company, with Wang Zhifang still being the actual controller of the listed company. Wang Zhifang has no plans to continue increasing or decreasing his holdings in the company in the next 12 months.