Xin Zhi Group: The largest shareholder has reduced its holdings, and the shareholding ratio has dropped to 25%.

XinZhi Group announced that the largest shareholder "CITIC Securities CITIC Trust CITIC Total Operating Stock Pledge Directed Asset Management Plan" will reduce its holdings by 1.95 million shares, accounting for 0.48% of the total share capital, through centralized bidding from November 21 to December 4, 2025. After the change, its holdings will decrease from 104 million shares to 102 million shares, and the percentage will decrease from 25.48% to 25.00%, triggering the 1% and 5% integer multiples. This reduction is within the pre-disclosed range, the plan has not been fully implemented, and it will not lead to a change in the controlling shareholder or affect the daily operation.