Intercontinental Joint: Controlling shareholder reduces holdings by 4.1522 million shares, prematurely terminates the reduction plan.

InterContinental Joint Announcement stated that the company's controlling shareholder and actual controller Liu Zhixin's plan to reduce holdings has been terminated early. From November 17, 2025 to December 4, Liu Zhixin reduced a total of 4.1522 million shares through centralized bidding and block trading, accounting for 1.95% of the company's total share capital, with a total reduction amount of 165 million yuan, and the reduction price range was 38.02-41.77 yuan/share. After the reduction, Liu Zhixin directly and indirectly holds a total of 28.05% of the company's shares. This equity change will not cause a change in the company's controlling shareholder and actual controller, nor will it have a significant impact on the company's governance structure and ongoing operations.