Shareholders Zhao Yukun and Chen Bo of Keem Bay Co., Ltd. (002870.SZ) plan to reduce their combined shareholding by no more than 6%.

Zhishang Finance APP News, Xiangshan Stock (002870.SZ) announced that Mr. Zhao Yukun and Mr. Chen Bo, shareholders holding more than 5% of the company's shares, intend to reduce their holdings of the company's shares by no more than 3.9623 million shares (each accounting for 3.00% of the company's total share capital) through centralized bidding and block trading within three months after the date of the announcement disclosure (i.e. from May 28, 2025 to August 27, 2025), of which: the reduction of the company's shares by centralized bidding shall not exceed 1.3208 million shares (each accounting for 1.00% of the company's total share capital), and the reduction of the company's shares by block trading shall not exceed 2.6415 million shares (each accounting for 2.00% of the company's total share capital). Mr. Zhao Yukun and Mr. Chen Bo's total reduction mentioned above shall not exceed 7.9245 million shares (accounting for 6% of the company's total share capital). The above-mentioned reduction method will be executed by the shareholders according to the actual situation, and the reduction price will be determined based on the market price and relevant regulations at the time of implementation.