: Xu Sanshan, Gu Bin, and Shi Litao intend to reduce their company's holdings by no more than 0.0247%, 0.0198%, and 0.0012%, respectively.

Announcement of Material Information: Vice Chairman Xu Sanshan of the company holds 3.054 million shares, accounting for 0.1508%, and plans to reduce the holding by no more than 500,000 shares, accounting for 0.0247%, in a centralized bidding manner within 3 months after 15 trading days from the date of the announcement. Director, Deputy General Manager, and Financial Director Gu Bin holds 2.7134 million shares, accounting for 0.1340%, and plans to reduce the holding by no more than 400,000 shares, accounting for 0.0198%. Deputy General Manager Shi Litao holds 96,100 shares, accounting for 0.0047%, and plans to reduce the holding by no more than 24,025 shares, accounting for 0.0012%.