NewWay Inc.: Shareholder Xi plans to reduce their holdings by no more than 1%.

Neway Corporation announced that shareholder Xi Chao holds 83,545,500 shares of the company, accounting for 10.77%. They plan to reduce their holdings by no more than 7,755,300 shares through centralized bidding trading, not exceeding 1% of the total share capital of the company. The reduction period is from December 23, 2025 to March 22, 2026, and the reduction price will be determined based on market conditions.