263: Controlling shareholder reduces 1% stake, holding reduced to 11.78%.

263 announcement stated that the controlling shareholder Li Xiaolong reduced his holdings by 13.7537 million shares through centralized bidding from April 9 to April 13, 2026, accounting for 1% of the company's total share capital. After the reduction, Li Xiaolong's shareholding ratio decreased from 12.78% to 11.78%. This reduction is in compliance with relevant regulations, and within the disclosed reduction plan, it will not lead to a change in the company's controlling interest, nor will it affect the company's governance structure and ongoing operations. Li Xiaolong's reduction plan has not been completed, and will continue to reduce his holdings.