Dream Lily: If a shareholder holding more than 5% of the shares decreases the proportion of company shares held to 1% threshold.

Lily Dream announced that from January 8th to 14th, 2026, the shareholder Yuedu Focus 9 reduced its holdings by 4.1 million shares through centralized bidding, accounting for 0.72% of the total share capital. Its shareholding ratio decreased from 8.68% to 7.96%, and the change in equity exceeded 1%. This reduction is in line with the previously disclosed plan, does not trigger a takeover offer, will not lead to changes in the controlling shareholder or ultimate controller, and the reduction plan has not been fully implemented.