Zhang Xiaoquan: Shareholder Hangzhou Zhenquan Investment plans to reduce its holdings by no more than 0.31%

Zhang Xiaoquan announced that Hangzhou Zhenquan Investment Partnership Enterprise, holding 477,200 shares, intends to reduce its holdings of the company's shares by no more than 477,200 shares, accounting for 0.31% of the total share capital, through centralized bidding within three months starting from three trading days after the disclosure of this announcement. The intended reduction in shareholding comes from shares that were issued before the initial public offering, and the selling price will not be lower than the issuance price of the company's shares after the ex-rights and ex-dividends adjustment. The reason for the reduction is the capital needs of the partners.