According to Guqi Velvet's announcement, Anhui Agricultural Industrialization Development Fund Co., Ltd., which holds more than 5% of the company's shares, reduced its holdings by 200,000 shares through centralized bidding on September 1, 2026, accounting for 0.1% of the company's total share capital. After this change in equity, the number of shares held by this shareholder fell from 14 million shares to 13.8 million shares, and the share ratio of the company's total share capital fell from 7.0000% to 6.9000%. The change in equity hit an integer multiple of 1%. This holdings reduction is in line with the previously disclosed holdings reduction plan. The holdings reduction plan has not yet been implemented, and this holdings reduction will not result in a change in the company's control.

According to Guqi Velvet's announcement, Anhui Agricultural Industrialization Development Fund Co., Ltd., which holds more than 5% of the company's shares, reduced its holdings by 200,000 shares through centralized bidding on September 1, 2026, accounting for 0.1% of the company's total share capital. After this change in equity, the number of shares held by this shareholder fell from 14 million shares to 13.8 million shares, and the share ratio of the company's total share capital fell from 7.0000% to 6.9000%. The change in equity hit an integer multiple of 1%. This holdings reduction is in line with the previously disclosed holdings reduction plan. The holdings reduction plan has not yet been implemented, and this holdings reduction will not result in a change in the company's control.