According to Shanghai Hejing's announcement, Henan Xinggang Equity Investment Fund Management Co., Ltd. - Henan Xinggang Sunac Venture Capital Development Fund, which holds more than 5% of the company's shares, holds 185 million shares, accounting for 27.70% of the company's total share capital. The source of shares was obtained before the IPO and has already been listed and circulated. Due to its own capital requirements, the shareholder plans to reduce the company's shares by no more than 6.692 million shares through centralized bidding or bulk transactions between October 12, 2026 and January 9, 2027, that is, no more than 1% of the company's total share capital. If there is an exclusion of interest during the holdings reduction period, the number of shares to be reduced will be adjusted accordingly. This reduction in holdings will not result in a change in the company's control, and there is uncertainty about the amount, timing, and price of the holdings reduction.

According to Shanghai Hejing's announcement, Henan Xinggang Equity Investment Fund Management Co., Ltd. - Henan Xinggang Sunac Venture Capital Development Fund, which holds more than 5% of the company's shares, holds 185 million shares, accounting for 27.70% of the company's total share capital. The source of shares was obtained before the IPO and has already been listed and circulated. Due to its own capital requirements, the shareholder plans to reduce the company's shares by no more than 6.692 million shares through centralized bidding or bulk transactions between October 12, 2026 and January 9, 2027, that is, no more than 1% of the company's total share capital. If there is an exclusion of interest during the holdings reduction period, the number of shares to be reduced will be adjusted accordingly. This reduction in holdings will not result in a change in the company's control, and there is uncertainty about the amount, timing, and price of the holdings reduction.