Fulongma announced that Zhang Guifeng, the controlling shareholder and actual controller, originally planned to reduce his holdings by no more than 6.2314 million shares, accounting for 1.50%. From November 19 to December 30, 2025, it reduced its holdings by 4.134,300 shares through centralized bidding and 2.0777 million shares through bulk transactions, totaling 6.211,300 shares, accounting for 1.4952%. The transaction price was 23.37 to 28.69 yuan/share, and the cash out was 159 million yuan. After the holdings were reduced, it held 705.706 million shares, accounting for 16.9873%. The holdings reduction plan was terminated early.

Fulongma announced that Zhang Guifeng, the controlling shareholder and actual controller, originally planned to reduce his holdings by no more than 6.2314 million shares, accounting for 1.50%. From November 19 to December 30, 2025, it reduced its holdings by 4.134,300 shares through centralized bidding and 2.0777 million shares through bulk transactions, totaling 6.211,300 shares, accounting for 1.4952%. The transaction price was 23.37 to 28.69 yuan/share, and the cash out was 159 million yuan. After the holdings were reduced, it held 705.706 million shares, accounting for 16.9873%. The holdings reduction plan was terminated early.