Changxin Baochuang: Shareholder ZHU WEI and his spouse intend to reduce their holdings by no more than 2.55%.

Changxin Baochuang announcement: Shareholders ZHU WEI and his spouse WANG XIAOHONG, who collectively hold over 5% of the shares, hold a total of 25.8055 million shares, accounting for 8.85%. They plan to reduce their holdings by no more than 7.44 million shares, or 2.55%, through centralized bidding and block trading within three months after the announcement disclosure date.