Shareholder Fosun Weiyi plans to reduce its shareholding by no more than 5%.

Huayang Intelligent Announcement: Shareholders holding more than 5% of the shares, Ningbo Meishan Bonded Port Area Fosun Weiyang Equity Investment Fund Partnership Enterprise holds 7.3136 million shares of the company. Fosun Weiyang plans to reduce its shareholding in the company by no more than 2.8542 million shares through centralized bidding and block trading within 3 months after the date of this announcement, not exceeding 5% in total.