Chao Hongji announced that Dongguan Group Co., Ltd., which holds more than 5% of the company's shares, holds 68,115,073 shares, accounting for 7.67% of the company's total share capital. It plans to reduce the company's holdings by no more than 26,655,380 shares through centralized bidding or bulk transactions between September 18, 2026 and December 17, 2026, accounting for 3% of the company's total share capital. The reason for the reduction in holdings was due to its own capital requirements, and the source of the shares was shares issued before the company's initial public offering. The implementation of this holdings reduction plan will not result in a change in the company's control.

Chao Hongji announced that Dongguan Group Co., Ltd., which holds more than 5% of the company's shares, holds 68,115,073 shares, accounting for 7.67% of the company's total share capital. It plans to reduce the company's holdings by no more than 26,655,380 shares through centralized bidding or bulk transactions between September 18, 2026 and December 17, 2026, accounting for 3% of the company's total share capital. The reason for the reduction in holdings was due to its own capital requirements, and the source of the shares was shares issued before the company's initial public offering. The implementation of this holdings reduction plan will not result in a change in the company's control.