Topping Information's shareholder Song Ying, who holds more than 5% of the shares, has reduced his holdings to a multiple of 1%.

On August 9, 2025, Tuowei Information disclosed that shareholder Song Ying plans to reduce holdings. He currently holds 90,706,405 shares of the company, accounting for 7.2003% of the total share capital, and plans to reduce it by no more than 12,597,537 shares from September 1 to November 28. Recently, the company received a notice that from September 1 to 23, Song Ying has accumulated to reduce holdings of 2,523,000 shares through centralized bidding, and the shareholding ratio has decreased to 6.9992%. This equity change has reached a multiple of 1% and complies with relevant regulations, with no violation of laws and regulations.