Zhang Xiaoquan: Specific shareholder Jin Yan plans to reduce its holdings of the company's shares by no more than 1%.

Zhang Xiaoquan announced that shareholder Jin Yan plans to reduce the company's shares by no more than 1,514,200 shares through centralized competitive trading, accounting for 1.00% of the total share capital after excluding the shares in the company's repurchase special securities account. The reduction period is within three months after three trading days from the date of this announcement. The reason for the reduction is the shareholder's own capital needs, and the source of the shares to be reduced is the shares issued before the company's initial public offering.