Cloud Horse: Zhejiang Hongyue, a shareholder, reduces its holdings by 461,500 shares, dropping its stake to 5%.

Cloud Horse announced that from June 26 to July 1, 2026, shareholder Zhejiang Hongyue Private Equity Fund Management Co., Ltd. reduced its holdings of the company's shares by 461,500 shares through centralized bidding, accounting for 0.34% of the company's total share capital. After this equity change, Zhejiang Hongyue holds 6.8758 million shares of the company, accounting for 5.00% of the total share capital. This reduction is based on its own capital needs, and it does not rule out the possibility of increasing or decreasing its holdings in the next 12 months based on actual needs and market changes.