Wanti Smart Control: the controlling shareholder Wanti Smart Control Holdings in Hangzhou intends to reduce its holdings by no more than 2%.

Announcement of Wanto Smart Control: The controlling shareholder of the company, Hangzhou Wanto Smart Control Holdings Co., Ltd., holds 100 million shares, accounting for 43.6129% of the total share capital excluding repurchased special securities accounts. It is planned to reduce its holdings by no more than 4,625,100 shares within three months after the disclosure date using the method of competitive bidding or block trading, accounting for 2.0000% of the total share capital of the company and 2.0072% of the total share capital excluding repurchased special securities accounts. The source of the shares is from shares issued before the initial public offering.