Shenghong Stock: Several shareholders plan to reduce their holdings.

Shenghong shares announcement, the specific shareholder Xiao Xueli holds 10.0762 million shares, accounting for 3.2291%, intends to reduce holdings by no more than 8.512 million shares, accounting for 2.7278% through centralized bidding or block trading from November 28, 2025 to February 27, 2026; director and vice president Wei Xiaoliang holds 2.3201 million shares, accounting for 0.7435%, intends to reduce holdings by no more than 230,000 shares, accounting for 0.0737% through centralized bidding; director, vice president, and CFO Yang Liu holds 119,700 shares, accounting for 0.0384%, intends to reduce holdings by no more than 29,900 shares, accounting for 0.0096%; board secretary Hu Tianshun holds 67,354 shares, accounting for 0.0216%, intends to reduce holdings by no more than 16,800 shares, accounting for 0.0054%.