Morning Star: Shareholder Tibet Tianchen plans to reduce its shareholding by no more than 0.07%.

Qiming Xingchen announcement, shareholder Tibet Tianchen Information Technology Co., Ltd. holds 892,000 shares of the company, accounting for 0.07% of the total share capital of the company. The company plans to reduce its holdings by no more than 892,000 shares, accounting for 0.07% of the total share capital of the company, within 3 months after 15 trading days from the date of the announcement, through centralized bidding. The source of the proposed reduction in shareholding is the shares issued before the company's initial public offering, and the reason for the reduction is to repay loans. The reduction price will be determined based on the market price at the time of implementation.