Lujiazui: Intends to reduce the capital of Yaojun Real Estate by 3 billion yuan with related parties.

Lujiazui announced that the company plans to reduce the capital of Yaojun Real Estate by 300 million yuan in proportion to its shareholding with its controlling shareholder Lujiazui Group and Qiantan Investment. The company holds 40% of the shares, reducing its capital by 120 million yuan. After the capital reduction, the registered capital of Yaojun Real Estate will be reduced from 8.4 billion yuan to 5.4 billion yuan, with the shareholding proportions of the three parties remaining unchanged. This transaction constitutes a related-party transaction, but does not constitute a major asset restructuring. It has been approved by the company's special meeting of independent directors and the board of directors, and does not require approval from a shareholders' meeting. In addition, by the end of 2025, the company has accepted loans from Lujiazui Group and its subsidiaries totaling 989 million yuan, with interest of 20 million yuan in 2025.