Yan Dongwei: Shareholders with more than 5% of the shares reduce their holdings by 0.83%.

YanDongWei announced that shareholder Beijing Yizhuang International Investment Development Co., Ltd. sold 11.8749 million shares of the company's unlimited circulation stock through centralized bidding from June 17th to 24th, 2026, accounting for 0.83% of the total share capital of the company. The shareholding ratio dropped from 9.83% to 9.00%. This equity change is part of the previously planned reduction, which has not yet been fully implemented. It will not result in a change in the company's controlling shareholder or actual controller, nor will it have a significant impact on the company's governance structure and ongoing operations.