Zhonglai Group: Shareholder Lin Jianwei plans to reduce his holdings by no more than 3%.

Zhonglai Group announced that its shareholder, director and general manager Lin Jianwei, who holds 178 million shares accounting for 16.36% of the shares, plans to reduce his holdings by a total of no more than 32.6888 million shares, accounting for 3.00%, starting from the day of disclosure of the announcement and within 3 months after 15 trading days. Among them, the reduction through centralized bidding will not exceed 10.8963 million shares, accounting for 1.00%; the reduction through block trading will not exceed 21.7925 million shares, accounting for 2.00%. The funds obtained from the reduction will be used first to fulfill his commitment to make up the capital difference for the company's private equity fund investment.