Tianhong Co., Ltd.: Shareholder Wulong Company reduces its shareholding to below 5%.

Tianhong Co., Ltd. announced that its shareholder, Wulong Company, reduced its holdings by 1,386,200 shares through centralized bidding on August 4, 2026, accounting for 0.121463% of the total share capital. From August 27, 2025, to August 4, 2026, Wulong Company cumulatively reduced its holdings by 59,822,100 shares, with its shareholding ratio dropping from 10% to 4.999998%, no longer qualifying as a shareholder with over 5% ownership. This equity change does not trigger a mandatory offer and will not result in changes to the controlling shareholder or actual controller, nor will it affect the company's governance and operation.