Peach and Plum Bread: Completion of Implementation of Share Transfer and Reduction Plan by Controlling Shareholders and Acting in Concert Parties

Peach Blossom Bakery announced that before the implementation of the reduction plan, the controlling shareholder and actual controller Wu Zhigang held 119,533,982 shares, accounting for 7.47%; the concerted action person Wu Xuedong held 189 shares, accounting for 0.00001%. From November 3rd to 6th, 2025, Wu Zhigang transferred 31,994,300 shares to his spouse Sheng Yali through block trading, accounting for 2%; on November 4th, Wu Xuedong reduced his holdings by 189 shares through centralized bidding, accounting for 0.00001%. The internal transfer and reduction plan has been completed.