Hua Shengchang: Hua Ju Enterprise and Hua Hang Enterprise plan to collectively reduce their holdings of the company's shares by no more than 1.99%.

Huashengchang announcement: the shareholders Dongtai Huajv Enterprise Management Partnership Enterprise and Dongtai Huahang Enterprise Management Consulting Partnership Enterprise, who hold a total of 6.92% of the company's shares, plan to reduce their holdings by 2.6952 million shares, accounting for 1.99% of the total share capital of the company, through centralized bidding and block trading within three months after fifteen trading days from the disclosure of the announcement. This represents 2.00% of the total share capital after excluding shares held in the repurchase special account.