Guangdong Mingzhu: The shareholding ratio of the controlling shareholder and its concerted parties has decreased to 30.00%.

Announcement of Guangdong Mingzhu: The controlling shareholder, Shenzhen Jinxin'an Investment Co., Ltd., and its concerted action parties, Xingning Jinshun'an Investment Co., Ltd. and Xingning Zhongyi Fu Investment Co., Ltd., have reduced their holdings in the company by a total of 15.5937 million shares through block trading to fulfill performance commitment compensation. The shares account for 2.25% of the total share capital of the company. After the equity change, the total shareholding ratio of the controlling shareholder and its concerted action parties has decreased from 32.25% to 30.00%, reaching a multiple of 5%. This equity change does not violate any commitments, intentions, or plans previously made, does not trigger the obligation of a mandatory offer to acquire, will not result in changes to the controlling shareholder or the actual controller of the company, and will not have a significant impact on the company's governance structure and sustainable operation.