Sanjiang Shopping: Shareholders holding more than 5% of the shares reduce their holdings, resulting in a change in equity that affects the 1% threshold.

Sanjiang Shopping Announcement states that from January 29 to February 5, 2026, Hangzhou Alibaba Zetai Information Technology Co., Ltd., a shareholder holding more than 5% of the shares, reduced its holdings by 4,788,268 shares through block trading, reducing its shareholding from 153 million shares to 148 million shares, and its shareholding ratio from 27.87% to 27.00%, reaching a multiple of 1%. This is part of the implementation of the reduction plan, does not involve a tender offer, and the reduction plan has been completed without affecting the company's governance structure and controlling rights.