Junda Group: Controlling shareholder plans to reduce its shareholding by 3% of the total shares outstanding excluding repurchases.

JunDa Group announced that its controlling shareholder, Jindi Technology, holds 46,517,062 shares of the company, accounting for 15.90% of the total share capital, and 15.99% after excluding shares held in the repurchase special account. Due to its own capital needs, Jindi Technology plans to reduce its holdings by a total of 3% of the total share capital (excluding shares held in the repurchase special account) within 3 months after 15 trading days from the date of the announcement, through centralized bidding or block trading, which amounts to 8,725,435 shares. This includes a maximum of 2,908,478 shares through centralized bidding and a maximum of 5,816,957 shares through block trading. This reduction will not result in a change in the company's controlling ownership.