Haitai Xinguang: Changes in the equity of the controlling shareholder and its concerted actors have reached the 1% threshold.

Haite Xinguang announced that on December 2-3, 2025, the controlling shareholder and actual controller ZHENGANMIN reduced its holdings by 1.1611 million shares through block trades, accounting for 0.9686% of the total share capital. After this equity change, he and the concerted action parties' holdings decreased from 44.29 million shares to 43.1289 million shares, with the proportion dropping from 36.95% to 35.98%, reaching the 1% threshold. This change was part of the implementation of the divestment plan, does not involve a tender offer, and does not affect the source of funds. As of now, ZHENGANMIN's divestment plan has been terminated early, while MA MIN's divestment plan is still ongoing, and this change does not impact corporate governance and control rights.