Gold Mining Client: Controlling shareholder Li Zheng has reduced his holdings by 1.34%

Digging Gold Customer Announcement: On December 19, 2025, the controlling shareholder and actual controller Li Zheng reduced his holdings of the company's shares by 1.359 million shares through block trading, accounting for 1.34% of the total share capital. This reduced his collective shareholding with acting in concert parties from 56.34% to 55.00%, corresponding to 55.7659 million shares. This equity change triggers the 1% and 5% integer multiples, does not trigger a tender offer, does not lead to a change in control of the company, and is consistent with the reduction plan disclosed on November 21, 2025, which has not yet been fully implemented.