Intelligent self-control: shareholders holding more than 5% of shares reduce their holdings to below 5%.

Smart Self-Control announced that shareholder Li Yaowu reduced 1.428 million shares through centralized bidding from February 9 to April 3, accounting for 0.40% of the total share capital of the company. After this equity change, Li Yaowu holds 17.7921 million shares of the company, accounting for 4.9999% of the total share capital, no longer a shareholder holding more than 5%. This reduction is to fulfill the previously disclosed reduction plan, which has not been completed. It will not lead to changes in the control of the company, nor will it have a significant impact on the company's governance structure and continuous operations.