Fu Miao Technology: Shareholders holding more than 5% of shares intend to reduce their holdings by no more than 2%.

Fu Miao Technology announced that as of the disclosure date of the announcement, the second largest shareholder, Feixiang Corporation, holds 16,710,710 shares of the company, accounting for 11.67% of the total share capital. These shares were all unlocked on January 29, 2024. Due to its own operational funding needs, Feixiang Corporation plans to reduce its holdings by no more than 2,864,893 shares through block trades from March 31 to June 30, representing no more than 2% of the total share capital. The implementation of the reduction plan is subject to uncertainty and will not have a significant impact on the company's governance and operations.