Maiwei Co., Ltd. announced that the term of the specific shareholder Dongyun Venture Capital's holdings reduction plan has expired. It reduced its holdings by 1,5561 million shares through centralized bidding, accounting for 0.5590% of the total share capital after excluding repurchases of shares, and held 9.372 million shares of the company after reducing its holdings, accounting for 3.3664%. This reduction in holdings complies with relevant regulations and does not exceed the planned amount of holdings reduction. It will not lead to a change in the company's control and will not affect the company's governance structure and continuous operation.

Maiwei Co., Ltd. announced that the term of the specific shareholder Dongyun Venture Capital's holdings reduction plan has expired. It reduced its holdings by 1,5561 million shares through centralized bidding, accounting for 0.5590% of the total share capital after excluding repurchases of shares, and held 9.372 million shares of the company after reducing its holdings, accounting for 3.3664%. This reduction in holdings complies with relevant regulations and does not exceed the planned amount of holdings reduction. It will not lead to a change in the company's control and will not affect the company's governance structure and continuous operation.