Dongwang Times announced that from July 7 to August 11, 2026, shareholder Xinling Technology reduced its holdings of the company's shares by a total of 3.306 million shares through centralized bidding and bulk transactions, accounting for 0.39% of the total share capital. The total amount of reduced holdings was RMB 12.8525 million. After this change in equity, its shareholding ratio fell from 3.39% to 3.00%, hitting the 1% scale. This holdings reduction is in line with the previous plan. It does not touch on the proposed acquisition, and has not been implemented. It will not lead to a change in the actual controller of the company and have a significant impact on operations.

Dongwang Times announced that from July 7 to August 11, 2026, shareholder Xinling Technology reduced its holdings of the company's shares by a total of 3.306 million shares through centralized bidding and bulk transactions, accounting for 0.39% of the total share capital. The total amount of reduced holdings was RMB 12.8525 million. After this change in equity, its shareholding ratio fell from 3.39% to 3.00%, hitting the 1% scale. This holdings reduction is in line with the previous plan. It does not touch on the proposed acquisition, and has not been implemented. It will not lead to a change in the actual controller of the company and have a significant impact on operations.