Only Technology: Employee Stock Ownership Platform Plans to Reduce 1% of Shares

Weike Technology Announcement: The company's employee shareholding platform Weike Investment and Yancheng Kebi hold 15.128 million shares and 181,000 shares respectively, totaling 12.2165%. It is planned to reduce holdings by a total of 1.2531 million shares, or 1.0000%, within 3 months starting from 15 trading days later through centralized bidding or bulk trading. Weike Investment will reduce holdings by 1.2079 million shares, or 0.9639%, and Yancheng Kebi will reduce holdings by 45200 shares, or 0.0361%. The reason for the reduction is the personal fund needs of some employees, and the source of the shares is shares issued before the initial public offering.