Dagang Holdings: Shareholders holding more than 5% of the shares reduce their holdings by 3.8183 million shares, reducing their shareholding to 5.05%.

Dagang Holdings announced that shareholder Yingqi Management's plan to reduce its holdings has expired. The original plan was to reduce holdings by no more than 9.52 million shares. As of the disclosure date of the announcement, a total of 3.8183 million shares have been reduced through centralized bidding and block trading, accounting for 1.20% of the company's total share capital. Among them, 2.4218 million shares were reduced through centralized bidding at an average price of 7.57 yuan per share; 1.3965 million shares were reduced through block trading at an average price of 7.42 yuan per share. After the reduction, Yingqi Management's holdings have decreased to 16.0373 million shares, accounting for 5.05% of the total shares. This reduction is in compliance with regulations and will not lead to a change in the company's control.