Zhejiang Shibao: Shibao Holdings has cumulatively reduced its shareholding by 1.11%, decreasing its stake to 35.00%.

Zhejiang Shibao announcement, the disclosure obligation person Zhejiang Shibao Holding Group Co., Ltd. and its concerted action persons' shareholding ratio decreased from 36.11% to 35.00%. On May 22, 2026, Shibao Holdings reduced its holdings by 9,128,200 shares through centralized bidding and block trading, accounting for approximately 1.11% of the total share capital. This equity change will not lead to a change in the actual controller.