Huakai Ebai announced that Zhou Xinhua, a shareholder holding more than 5% of the company's shares, and his co-actor Luo Ye, and shareholder He Zhiliang's holdings reduction plan expired on October 12, 2026 and completed the reduction of their holdings. From July 13, 2026 to October 12, 2026, the three reduced their holdings of the company's shares by a total of 11,556,786 shares, accounting for 2.95% of the company's total share capital. The amount of holdings reduction was within the scope of the originally disclosed holdings reduction plan. After this reduction in holdings, Zhou Xinhua's shareholding ratio fell to 3.82%, Luo Ye's shareholding ratio dropped to 2.34%, and He Zhiliang's shareholding ratio dropped to 0.03%. This reduction in holdings will not lead to a change in the company's control, nor will it affect the company's governance structure and continued operation.

Huakai Ebai announced that Zhou Xinhua, a shareholder holding more than 5% of the company's shares, and his co-actor Luo Ye, and shareholder He Zhiliang's holdings reduction plan expired on October 12, 2026 and completed the reduction of their holdings. From July 13, 2026 to October 12, 2026, the three reduced their holdings of the company's shares by a total of 11,556,786 shares, accounting for 2.95% of the company's total share capital. The amount of holdings reduction was within the scope of the originally disclosed holdings reduction plan. After this reduction in holdings, Zhou Xinhua's shareholding ratio fell to 3.82%, Luo Ye's shareholding ratio dropped to 2.34%, and He Zhiliang's shareholding ratio dropped to 0.03%. This reduction in holdings will not lead to a change in the company's control, nor will it affect the company's governance structure and continued operation.